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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)
- Listing #SJ180911
- AppliancesRefrigerator, Stove, Washer, Dryer
- HeatingOil Hot Water
- # of Stories2
- Listing AgentTim Somerville
- Listing OfficeROYAL LEPAGE ATLANTIC (S105)
- Address7-9 Ritchie Street
- CitySaint John
- ProvinceNew Brunswick
- Postal CodeE2L3C2
- ExteriorCedar shingles, Wood shingles, Wood
- RoofTar & gravel