3497 Cape Road

About this home

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:66966)

Details

Type

Multi-family

Size

4937 sq ft

Property tax

$4,578

Municipality

Dorchester

Interior

Fireplace

No

Flooring

Carpeted, Vinyl

Heating, cooling and services

Heating

Baseboard heaters, Electric

Water and sewer

Municipal sewage system

Building and exterior

Foundation

Stone, Concrete

Outdoor

Wood

Location

Location is approximate. See nearby homes on the map