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Fabulous Multi Family on 5 Acres for Sale

$ 1,575,000
353 Baptist Rd, ,
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Canterbury Hall is a former Assisted Living facility that operated for 30+/- years. The owner closed this business in March 2021 and obtained permits for conversion to a multi-family. Since that time, the property has had 12 rentals in beautifully maintained spaces. Many of the units are shared with common kitchen, dining and living rooms. There are three apartments with private kitchens and all units have private bathrooms.

The historic building is a lovely 2 story structure with an ell connecting it to a large 3 story barn. It sits on 5.03 acres of pasture with stone walls and beautiful views. The exterior of the building is as carefully maintained as the interior and features 2 brick patios, 3 decks and a lovely 3 season porch. The historic beauty of this property has been carefully preserved with original flooring, masonry and decor while upgrading the facility’s amenities.
An extraordinary opportunity!!

Address: 353 Baptist Rd
Zip: 03224
Country: United States
Property Id : 8286
Price: $ 1,575,000
Property Size: 8,618 sq ft2
Property Lot Size: 5.03
Rooms: 0
Bedrooms: 13
Bathrooms: 14
Use.: Multi Family
Year Built: 1790
Unit(s) Available: 12
Parking: On Site
Heat: Electric, Oil, Hot Water, Solar
Air Conditioning : Window units
Fuel: Oil, Wood, Solar
Construction: Wood Frame
Roof: Shingles
Sprinkler: Wet sprinkler system
Floor: Hardwood
Water & Sewer: Well and Septic
Zoning: Agricultural/Conservation
Tax: $13,598
Land Size: 5.03 acres
Deed: 3619/1921
Assessment: $647,500
Income: $191,866
Expenses: $56,131

Property Disclaimer

The information contained herein is from sources deemed reliable, but is not guaranteed by Premiere Properties, Inc. (PPI). PPI assumes no responsibility for matters legal in character, nor does it render an opinion as to the title, which is assumed to be good.  All data is subject to change of price, omissions, error, or other conditions or withdrawals without notice.  PPI is the acting Seller’s/Lessor’s agent in the marketing of this property.

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