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$ 600,000
Est. payment | /mo
5,000 SqFt
$ 600,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000
Square Footage 5,000 sqft
Price per Sqft $120
MLS® Listing ID NB133986
Year Built 1960
Lot Size 1.321 Acres
Acres 57543.0
Property Sub-Type Freehold
Property 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. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Hot Water, ,
Flooring Carpeted, Ceramic, Vinyl, Wood
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Septic System
Others
Ownership Freehold
Listed by Century 21 All Seasons Realty