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37 Dobbin Street Rothesay, New Brunswick E2E 2L6

Baseboard Heaters Acreage

$1,500,000

16 Unit Apartment Building on 1.5 Acres. Walking distance to most amenities. Huge lot, possible potential to add onto building for more units (check with the Town of Rothesay). Excellent income, rents are low. 15 - 2 Bedroom units and 1 - 1 Bedroom. Coin operated laundry, loads of parking. 12 units have their own balconies. All tenants pay their own utilities except for 1 unit (#16) that vendor pays. Good quality tenants in a prime area. Revenue based on Current Rent Roll: $141,600 Plus laundry of approximately $2500 = $144,100. Gross income, expenses (estimated for balance of 2021): Cleaning, Snow and Lawn $5874.50, Building Electric $3547, Apt #16/37 + Street Light Electric $2100 +, Sewage $5980.80, Insurance $6236, Property Tax, $15482.51 , garbage $3600. Total Expenses $42820.31 All Agents and their Clients to Provide Proof of Covid 19 Vaccination Listing agent is the Vendor and is a licensed Real Estate in the Province of NB (id:23029)

Property Details

MLS® Number NB065992
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Appliances Refrigerator, Stove, Washer, Dryer
Constructed Date 1976
Exterior Finish Brick, Vinyl
Fire Protection Smoke Detectors, Alarm System
Fireplace Present No
Flooring Type Carpeted, Ceramic, Laminate, Vinyl
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Membrane
Roof Style Unknown
Stories Total 3
Total Finished Area 14400 Sqft
Utility Water Drilled Well, Well

Land

Access Type Year-round Access
Acreage Yes
Sewer Municipal Sewage System
Size Irregular 1.5
Size Total 1.5 Ac
Size Total Text 1.5 Ac

https://www.realtor.ca/real-estate/23860772/37-dobbin-street-rothesay

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