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

$499,900

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. Both septic tanks were pumped out, front one on July 10, 2026 and rear one on Sept 30, 2026. Front Bldg 5-plex: Apt 1126 bottom front, 1 bedr, $795; Apt 1130 bottom rear, 1 bedr, $636.54; Apt 1128 2nd flr, 3 bedr, $1,113.95; Apt 1132 top front, 1 bedr, $1,095; Apt 1134 top rear, 1 bedr, $1,095; rear Bldg duplex: Apt 1136A top, 3 bedr, $1,113.43; Apt 1136B bottom, 3 bedr, $1,113.43; total rent $6,963.03/mo or $83,556.36/yr. 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 $2,720, 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:41243)

Property Details

Building

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