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$ 349,900
Est. payment /mo
Price Dropped by $50K
3497 Cape Road Dorchester, NB E4K2X2
2,917 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,917 sqft
Price per Sqft $119
MLS® Listing ID NB119821
Lot Size 0.441 Acres
Acres 0.44133022
Property Sub-Type Freehold
Source New Brunswick Real Estate Board
Property Description
5 UNITS - 4 PAY FOR THIER OWN UTILITIES. OVER $50,000.00 REVENUE. FULLY RENTED WITH GOOD TENANTS. LOTS OF IMPROVEMENTS.Welcome to The Landry House a rare opportunity to own a piece of New Brunswick history in the heart of charming Dorchester. Built in 1872, this Second Empire-style property with its distinctive mansard roof stands overlooking the Memramcook River. Beautifully maintained and restored, this landmark building blends historic charm with modern functionality, currently five rental units plus an additional office space offering strong income potential and multiple investment strategies.. Property Highlights: 5 Rental Units + Office Space (potential 6th unit). Main Floor: Spacious 2-bedroom unit with two bay windows and dual entrances, plus a separate bachelor apartment. Upper Floors: Two 2-level, 2-bedroom apartments with generous living areas and well-sized bedrooms. Renovated Bachelor Unit: Located at the rear of the second floor with new kitchen, bathroom, and stylish vinyl plank flooring. Bonus Space: Main floor office, or convert to a sixth residential unit (subject to approvals). Shared Laundry:washer and coin operated dryer. Ample parking with access from both Cape Road and Church Street. Renovated internally in 1988 and updated since, this property offers reliable rental income in a scenic and historic setting. Whether you're looking to expand your investment portfolio, run a business from home, or simply own a timeless piece of Dorchesters heritage. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Lot Description Landscaped
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/3497_cape_rd_dorchester_nb/
Listed by Royal LePage Atlantic
