46762 Homestead Rd, Steeves Mountain, New Brunswick E1G 4N9

Homestead Road, coming from Moncton, house is on the left. This property is only listed at $116/sqft! Unreal value per squarefoot! A VTB can be offered. Unique investment property to add to your portfolio! This 12 bed rooming house PLUS 2 bedroom apartment are cash flowing and have proven income sustainability for the last 2 years. Quality built, safe, and quiet building is currently being professionally managed. Wheel chair accessible, with built-in alarm and sprinkler system (with water reserve, large balcony built in the back along with wheelchair ramp in the front. 2 bedroom separate unit that could host a live-in super/owner, and 12 bedrooms, with 4 of them having their own 2 piece bathrooms, 1 common 3 piece bathroom, 1 mens only bathroom, 1 womens only bathroom, and another common shower + sink. Lots of space, open and wide hallways. This is a unique property, clean, and well designed. The Garage is also being rented for extra income. Please reach out for the financials ! We know you'll be excited about this one! (id:27476)

This Freehold property is an incredible investment opportunity, listed at an unbelievable $116/sqft. With the option for a VTB, this unique 12-bedroom rooming house and 2-bedroom apartment have been consistently generating income for the past 2 years, making it a valuable addition to any portfolio.

The building is of high quality, safe, and quiet, and is currently under professional management. It is wheelchair accessible, equipped with a built-in alarm and sprinkler system, and features a large balcony at the back and a wheelchair ramp at the front. Additionally, there is a 2-bedroom separate unit that could accommodate a live-in super/owner, along with 12 bedrooms, 4 of which have their own 2-piece bathrooms, as well as 1 common 3-piece bathroom, 1 men's only bathroom, 1 women's only bathroom, and another common shower + sink. The property boasts open and wide hallways, making it a clean, well-designed, and unique space. The garage is also being rented out for additional income. For more information on the financials, please get in touch!

For sale, this property has a land size of 7492 Sq Mt (1 - 3 acres) and is located at 46762 Homestead RD in the city of Steeves Mountain, New Brunswick, with a postal code of E1G4N9. It also features a partially finished basement and uses electric heating, with baseboard heaters and hot water.