46762 Homestead Road Salisbury, New Brunswick E1G 4H9
$649,900
Endless opportunities await with this unique investment property! Whether you redesign it into a multi-unit rental, extend the existing structure, or convert it back into a senior care or special care home, the potential here is unmatched. Currently being being used as a 12-bedroom rooming house, plus a separate 2-bedroom apartment. This property has been cash-flowing consistently with proven income sustainability for the last two years. Built with quality, safety, and functionality in mind, this quiet building is professionally managed and fully wheelchair accessible. It features a built-in alarm and sprinkler system (with water reserve), a large rear balcony, and a wheelchair ramp at the front entrance. The 2-bedroom unit could be ideal for a live-in owner or superintendent, while the 12 rooms offer a mix of private and shared facilities: four rooms include private 2-piece bathrooms, plus a common 3-piece bathroom, a mens-only bathroom, a womens-only bathroom, and an additional common shower and sink. Wide hallways and open spaces make this property easy to navigate and adaptable to various uses. As an added bonus, the garage is also rented for extra income. (id:23389)
Property Details
| MLS® Number | NB112829 |
| Property Type | Single Family |
| Equipment Type | None |
| Rental Equipment Type | None |
Building
| Bathroom Total | 8 |
| Bedrooms Above Ground | 14 |
| Bedrooms Total | 14 |
| Architectural Style | Bungalow |
| Constructed Date | 2010 |
| Exterior Finish | Vinyl |
| Fireplace Present | No |
| Half Bath Total | 4 |
| Heating Fuel | Electric, Oil |
| Heating Type | Baseboard Heaters, Hot Water |
| Stories Total | 1 |
| Size Interior | 6270 Sqft |
| Total Finished Area | 6270 Sqft |
| Type | House |
| Utility Water | Well |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Irregular | 7492 |
| Size Total | 7492 M2 |
| Size Total Text | 7492 M2 |
https://www.realtor.ca/real-estate/27940080/46762-homestead-road-salisbury
Interested?
Contact us for more information
Candace Mckay
Salesperson
Moncton Region Office
Moncton, New Brunswick E3B 2M5
(506) 476-0852
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Saint John Real Estate Board Inc
Exp Realty
February 21 2025 07:58:31
