$599,900

46762 Homestead Road
Salisbury, New Brunswick E1g4h9
MLS® Number: NB112829

  • 14
  • 8
  • 6270 sqft sq ft

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:34572)


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Property Summary

  • Bedrooms 14
  • Bathrooms 8
  • Architectural Style Bungalow
  • Property Type Single Family
  • Square Footage 6270 sqft
  • Total Finished Area 6270 sqft
  • Built In 2010
  • Exterior Finish Vinyl
  • Heating Electric, Oil Baseboard heaters, Hot Water
  • Title N/A
  • Rental Equipment None
  • Basement Type N/A
  • Parking Type Garage
  • Features N/A
  • Flooring N/A
  • Type House

Land Properties

  • Lot Size 7492 m2
  • Access Type N/A
  • Water Well
  • Features N/A
  • Sewer Septic System

Property Map