Property Details

7-9 Ritchie Street, Saint John, New Brunswick, E2L3C2

7-9 Ritchie Street, Saint John, New Brunswick (ID SJ180911)
Representative
TIM SOMERVILLE portrait
TIM SOMERVILLE
Salesperson
ROYAL LEPAGE ATLANTIC (S105)
Cell: 506-333-6331
Tel: 506-693-6331
Website

$114,900 - For sale

Only
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ID#:SJ180911

This is a good investment building with 4 spacious units with laundry hook-ups in each one. Located close to all amenities, this building has a rental income of $32,700 when full. Rents are: apt #1-$750, apt #2-$700, apt #3-$725, apt #4-$550. Expenses are approx. $17,644/year, taxes-$3645, insurance-$1706, heat-$9100, electricity-$1793, and water/sewer-$1400 Approx. net income is $14,154. This building has had some upgrades and each unit shows well. Looking for an investment building? If so, this is worth a look! (id:2471)

Location DescriptionOff City Road across from Days Inn.

Property Details
  • Property Address:7-9 Ritchie Street, Saint John, New Brunswick, E2L3C2
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:4004 SQ FT
  • Acreage:4004 SQ FT|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 7-9 Ritchie Street, Saint John, New Brunswick, E2L3C2
  • Structure Style:Fourplex
  • Heating Type:Oil, Hot Water
  • Storeys:2
  • Flooring:Laminate
  • Basement Type:Crawl space
  • Foundation Type:Concrete
  • Appliances Included:Refrigerator, Stove, Washer, Dryer
  • Rental Equipment:Water Heater
  • Exterior Type:Cedar shingles, Wood shingles, Wood
Representative
TIM SOMERVILLE portrait
TIM SOMERVILLE
Salesperson
ROYAL LEPAGE ATLANTIC (S105)
Cell: 506-333-6331
Tel: 506-693-6331
Website
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Listing Office: ROYAL LEPAGE ATLANTIC (S105)

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7-9 Ritchie Street, Saint John, New Brunswick, E2L3C2

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