
Courtesy of: Milad Debly, Salesperson, Century 21 All Seasons Realty
$649,000
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5,000 square feet
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Multi-family
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$649,000
1126-1138 Rothesay Road 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:203)