1126-1138 Rothesay Road

Multi-family for sale in Saint John — $549,000

Key facts

• Type: Multi-family
• Price: $549,000
• Living area: 5,000 sq ft
• Lot: 57,543 sq ft
• Year built: 1960
• City: Saint John
• MLS® number: NB133986
• Agent: Century 21
• Brokerage: Century 21 Canada

Description

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.

See the original listing at Century 21

Homes for sale in Saint John · Multi-family for sale in Saint John