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Renanza Realty
For sale

3497 Cape Road

Dorchester, New Brunswick

MLS® NB139482

$299,000

Status
Active
Property type
Multi-family
MLS® number
NB139482
Bedrooms
Bathrooms
Year built

Listing 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.

Property summary

MLS® number
NB139482
Property type
Multi-family
Square footage
4,937 sq ft
Title
Freehold
Land size
1786 square meters
Annual property taxes
$4,578.35
Days on market
105 days

Features & details

Heating
Baseboard heaters, Electric
Flooring
Carpeted, Vinyl
Exterior features
Wood

What would this home cost you?

Based on the $299,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,391 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXIT Realty Associates, Dieppe.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.