3497 Cape Road, Dorchester, New Brunswick E4K2X2

Listing courtesy of EXIT Realty Associates.

$360,000
4,937
SqFt

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List Price
$360,000
Price Change
▼ $39,900 1782754949
MLS®
NB139482
Days on Market
66
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
4,937
Lot Size Dimensions
1786
Lot Size
1,786

Property Description

Attention Investors! 5-Plex with $49,000 gross income and $24,000 net income. Own a piece of New Brunswick history with this unique 5-unit income property in the heart of Dorchester. Originally built in 1877 by Sir Pierre Amand Landry, New Brunswicks first Acadian lawyer, Supreme Court judge, cabinet minister, and one of the provinces most influential historical figures, this landmark property blends heritage charm with investment potential. Known as The Maples, the building underwent extensive restoration and refurbishment between 2007 and 2008, including significant exterior preservation work supported through New Brunswicks Built Heritage Program. Today, the property offers a desirable unit mix consisting of one bachelor apartment, two 1-bedroom units, and two 2-bedroom units. Situated on a large corner lot with ample parking, this well-maintained building provides strong rental appeal and steady income potential. Conveniently located near local amenities and within easy commuting distance to Moncton and Sackville, this is a rare opportunity to add a historically significant and with over $49,000 in potential income, this one would be a great asset to your portfolio. Contact your REALTOR® today for more information. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Carpeted, Vinyl
Sewer
Municipal sewage system
Heating
Baseboard heaters, Electric
Total Number Of Units
5
Lot Size
1,786

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