38 St Paul Street Kedgwick, New Brunswick E8B 2A7

$579,000

An exceptional investment opportunity with unlimited potential! This unique commercial/multi-family property is currently operating with both long-term and short-term rental income through platforms such as Airbnb, Expedia.ca and Booking.com, generating income from day one. The first floor features 11 bedrooms, a full kitchen, dining room, spacious common areas including living room spaces (could easily be converted into additional rental areas or customized for other uses) offices, storage space, shower room and additional bathroom facilities. The dining room also offers direct access to a nice backyard space, adding even more appeal for guests or tenants. The second floor offers 9 additional bedrooms, all with private bathrooms, along with storage space. The basement is currently being used for storage. The property is equipped with 2 heat pumps as well as hot water heating. Whether you are looking to expand your investment portfolio, operate a boutique hotel, create a residence, senior living concept, retreat center, workforce housing or explore countless other business opportunities, this property offers the space, layout and flexibility to bring your vision to life. See photos of the floor plan layout for additional details and room distribution. A rare and versatile property with strong income potential and tremendous room for growth! Square Footage: 1st Floor 6125 sqft 2nd Floor 3521 sqft Basement 1357 sqft (id:27750)

Property Details

MLS® Number	NB140154
Property Type	Multi-family
Equipment Type	Water Heater
Features	Wheelchair Access
Rental Equipment Type	Water Heater
Structure	Shed

Building

Appliances	Washer, Dryer
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	Heat Pump
Exterior Finish	Brick, Wood Siding
Fire Protection	Sprinkler System-fire, Alarm System
Flooring Type	Other
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Heat Pump, Hot Water
Stories Total	2
Size Interior	9,646 Ft2
Total Finished Area	9646 Sqft
Utility Water	Municipal Water

Land

Access Type	Year-round Access, Public Road
Acreage	No
Sewer	Municipal Sewage System
Size Irregular	3777
Size Total	3777 M2
Size Total Text	3777 M2

https://www.realtor.ca/real-estate/29800556/38-st-paul-street-kedgwick