1126-1138 Rothesay Road Saint John, New Brunswick E2H 2H8

$649,000

A duplex and a 5-plex buildings with a total of 7 units, sitting on 1.3 acres of land; envision the possibilities with 57,543 sqft in a private country setting, minutes from uptown Saint John or from Rothesay/ Quispamsis and the Kennebecassis River; large green space from the hill down; apple trees, a small brook, fire pit; long term tenants called this place a Home. Laundry hookup in some units. Front Bldg 5-plex: Apt 1126 bottom front, 1 bedr, $772; Apt 1130 bottom rear, 1 bedr, $618; Apt 1128 2nd flr, 3 bedr, $1,081; Apt 1132 top front, 1 bedr, $1,095; Apt 1134 top rear, 1 bedr, $1,095; rear Bldg duplex: Apt 1136A top, 3 bedr, $1,081; Apt 1136B bottom, 3 bedr, $1,081; total rent $6,824/mo or $81,888/yr plus rent increases on 5 units next 6 months. With landlord paying for heat & lites for 6 units out of 7, the rents will have ample room to grow. Prop tax $9,380, Heat $17,571, Elec $4,797 Insur $2,251, garbage $1,916, fees for water availability $447 (property has own septic and well). A good exterior paint/ repairs job and couple units updating will propel these bldgs to next level; asking price reflects the needed improvements. All measurements are approximate and can be verified by the purchaser prior to closing. (id:27750)

Property Details

MLS® Number	NB133986
Property Type	Multi-family
Equipment Type	Water Heater
Rental Equipment Type	Water Heater

Building

Constructed Date	1960
Exterior Finish	Wood
Flooring Type	Carpeted, Ceramic, Vinyl, Wood
Foundation Type	Concrete
Heating Fuel	Electric, Oil
Heating Type	Baseboard Heaters, Hot Water
Size Interior	5,000 Ft2
Total Finished Area	5000 Sqft
Utility Water	Well

Land

Acreage	Yes
Sewer	Septic System
Size Irregular	57543
Size Total	57543 Sqft
Size Total Text	57543 Sqft

https://www.realtor.ca/real-estate/29388052/1126-1138-rothesay-road-saint-john