114-116 Wentworth Street, Saint John, New Brunswick E2L2S4

Property Description

An exceptional opportunity to own a landmark piece of Saint John's Uptown heritage. Sensitively developed over the past 33 years by an internationally recognized Heritage Conservation Architect, this remarkable brick building stands as a living demonstration that historic preservation and modern development can successfully coexist. Every decision was guided by a clear vision: retain and restore character defining features, modernize with high quality materials, and create a building designed for longevity. The result is a collection of distinctive apartments that blend historic charm with contemporary comfort, attracting professional tenants who appreciate authentic Uptown living. Currently configured as eight units, including five one bedroom and three two bedroom apartments, the property offers impressive flexibility. Two garage bays remain available for parking, storage, or potential integration into adjacent units, creating opportunities for additional bedrooms and increased value. The thoughtful design also allows for the potential combination of select units to accommodate evolving ownership or tenancy needs. Throughout the building, tenants enjoy unique and memorable spaces featuring exposed brick, skylights, fireplaces, stainless steel kitchens, breakfast nooks, generous storage, and carefully crafted architectural details. Two off street parking spaces, FibreOP service direct to each unit, a Venmar system, and electric boilers feeding cast iron radiators further support the property's long term appeal. Delivering a reported 30% ROI and 8% CAP rate, this is more than an investment property. It is a proven example of heritage, craftsmanship, flexibility, and performance working together in the heart of Uptown Saint John. (id:5764)