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$ 599,900
Est. payment /mo
Price Dropped by $50K
46762 Homestead Road Salisbury, NB E1G4H9
14 Beds
8 Baths
6,270 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,270 sqft
Price per Sqft $95
MLS® Listing ID NB112829
Style Bungalow
Bedrooms 14
Half Baths 4
Year Built 2010
Lot Size 1.851 Acres
Acres 1.8513135
Source New Brunswick Real Estate Board
Property Description
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:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Hot Water, ,
Exterior
Parking Features Yes
View Y/N No
Private Pool No
Building
Story 1
Sewer Septic System
Architectural Style Bungalow
Listed by eXp Realty
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