38 St Paul Street, Kedgwick
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:1945)
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Property details for 38 St Paul Street, Kedgwick
- Type
- Multi-family
- Living Area
- 9,646 square feet
- Lot Size
- 3777
- Stories
- 2
- Basement
- Unfinished, Full
- Heating
- Heat Pump, Electric, Hot Water
- Cooling
- Heat Pump
- Exterior
- Brick, Wood siding
- Ownership
- Freehold
- Annual Taxes
- $3,123
Nearby Listings Stat
Estimated price and comparable properties near 38 St Paul Street
Active Listings
15
Min Price
$9,000
Max Price
$1,000,000
Avg Price
$277,466
Days on Market
135
days
Sold Listings
7
Min Sold Price
$30,000
Max Sold Price
$125,000
Avg Sold Price
$43,571
Days until Sold
337
days
Neighbourhood Census Data
Kedgwick, New Brunswick / Nouveau-Brunswick
Population
650
Median Age
49.1
Median Income
$26,688
Dwelling Value
$99,987
Housing Tenure
Owners 72%
Renters 28%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 307.8/km²
Avg Shelter Cost: $682/mo
Owners with Mortgage: 53.5%
Owners Spending 30%+: 11.6%
Tenants Spending 30%+: 37.5%
French only: 63.8%
English and French: 34.6%
Median Household Income: $43,136
Median Employment Income: $19,733
Price History
Listed
May 25, 2026
by Keller Williams Capital Realty
Current Price
$579,000
Type
Multi-family
For Sale
