581 Michael Crescent

What if your next home could also help pay for itself? That possibility is what makes 581 Michael Crescent such an exciting opportunity. This split-entry offers a flexible layout that can work beautifully as a family home while opening the door to so much more. Upstairs feels warm and welcoming, with hardwood floors, a bright living room and three comfortable bedrooms. The oak kitchen connects easily to the dining area, where patio doors lead to a large deck and fenced backyard with mature gardens, plenty of green space and room for kids, pets and summer evenings outside. But head downstairs and the story of this home gets even more interesting. A second kitchen is already in place along with a spacious family room, two additional bedrooms and a full bath, creating a substantial second living area within the home. Imagine giving parents or grown children a comfortable space of their own, or explore the potential for rental income that could help offset the cost of homeownership. For an investor, the combination of two-family zoning, five bedrooms and a location in the heart of East Saint John creates an opportunity worth looking at closely. Shopping, groceries, restaurants, entertainment and transit are all nearby, making everyday life easy for whoever calls it home. Currently vacant, there is no existing arrangement to work around and the next owner gets to decide what comes next. Live in it, share it, invest in it or make the entire home your own. However you choose to use it, 581 Michael Crescent gives you something incredibly valuable: a home with options. (id:66617)

The details

Property type

Multi-family

Living area

1,889 square feet

Lot size

6,598 square feet

Heating

Oil, Hot Water

Flooring

Tile, Hardwood

MLS® number

NB146524

Roughly $1,395/month principal and interest, assuming 20% down at 5% over 25 years — an illustration, not a quote. Run your own numbers.

Where it sits