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  • Price$114,900

7-9 Ritchie Street, Saint John

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:6289)

Essential Information

  • Listing #SJ180911
  • Price$114,900
  • Bathrooms0.00
  • TypeMulti-family
  • Sub-TypeFreehold

Interior

  • AppliancesRefrigerator, Stove, Washer, Dryer
  • HeatingOil Hot Water
  • # of Stories2

Listing Details

  • Listing OfficeROYAL LEPAGE ATLANTIC (S105)

Community Information

  • Address7-9 Ritchie Street
  • CitySaint John
  • ProvinceNew Brunswick
  • Postal CodeE2L3C2

Exterior

  • ExteriorCedar shingles, Wood shingles, Wood
  • RoofTar & gravel
  • FoundationConcrete
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