3497 Cape Rd

For Sale 142 Days
$399,900 $50K
$349,900
beds
baths
2,917 Sqft

3497 Cape Rd

For Sale 142 Days
$399,900 $50K
$349,900
beds
baths
2,917 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $120/Sqft
  • Time on Houseful
    142 days
  • Property type
    Multi-family
  • Lot size
    0.44 Acre
  • Mortgage payment

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:63267)

Jennifer Jones of Royal LePage Atlantic,
#NB119821
updated 3 weeks ago.
Houseful checked MLS® for data 3 weeks ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Municipal sewage system
Lot/ Land Details
  • Lot desc
    Landscaped
  • Lot dimensions
    1786
Overview
  • Lot size (acres)
    0.44131455
  • Building size
    2917
  • Listing #
    Nb119821
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28407071/3497-cape-road-dorchester
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-933

/ Month
25 Years fixed, 20% down payment, % interest
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