259 Princess Street Welcome to 259 Princess Street! Located in uptown Saint John, this 6-unit building has had some updates but is still in need of some updates. This brick investment building offers 5- 1 bedroom units and 1 - 2 bedroom unit. Heated mostly with natural gas, this property offers plenty of character, high ceilings and a common laundry room. This property is walking distance to everything uptown and has the ability to be a great investment property to add to your portfolio. Rents are: $1, 200, $1, 350, $1, 400, $1, 450, $1, 450 and $1, 500. Total rental income = $100, 200. Approximate expenses are: taxes - $10, 665, insurance - $5, 468, water/sewer - $2, 164, electricity - $787, and heat - $11, 002. Approximate total expenses = $30, 086. Approximate net income - $70, 114.00 (id:203)