Property
Type, style and structure
- Type
- residential
- Style
- multi-family
- Ownership
- Freehold
- Basement
- Finished, Full, Walk out
- Year Built
- 1950
+19 more
2.52 ac
Lot
1950
Year Built
Property Snapshot
Key details for this listing
MLS #202605894
Lot
Land, frontage and setting
- Lot
- 2.52 ac - 2.52
- Neighbourhood
About This Property
This multi-family in Grand River offers a 2.52 ac lot. Built in 1950. The property has lot dimensions of 2.52. The home features laminate and vinyl flooring, baseboard heaters, oil, furnace heating, a finished, full, walk out basement.
MLS Remarks
Seize a rare opportunity to acquire a high performing turnkey investment property in a picturesque coastal setting. This fully occupied 5 unit residential building delivers immediate and stable cash flow in a region experiencing strong rental demand and extremely low vacancy, making it a secure and attractive addition to any portfolio. With a cap rate of approximately 10 percent, the property offers an exceptional return on investment. Positioned on an expansive 2.5 acre lot, it provides both privacy and long term development potential. The well maintained building features a large wrap around deck with scenic views, enhancing tenant appeal, along with an accessibility ramp that broadens usability. A key advantage is the established on site property management, handling day to day operations and tenant relations, making this a truly hands off investment. The location is ideal for tenants seeking a balanced lifestyle, with Point Michaud Beach just 15 minutes away and the amenities of St Peters including dining, shopping and services reachable in under 20 minutes. Whether you are expanding your portfolio or entering the market with a strong asset, this property combines location, stability and outstanding returns in one compelling offering. Inquire today to receive the full financial package. (id:60351)
Full Listing Details
Address1826 St Peters Fourchu Rd, Grand River
MLS#202605894
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market208
Common InterestFreehold
Parking TypeParking Space(s), Gravel
Structure TypeApartment
AttachedAttached
Year Built1950
CityGrand River
NeighbourhoodGrand River
ProvinceNova Scotia
Postal CodeB0E1M0
Lot Size2.52 ac
Lot Dimensions2.52
Parking FeaturesParking Space(s), Gravel
HeatingBaseboard heaters, Oil, Furnace
BasementFinished, Full, Walk out
FlooringLaminate, Vinyl
FoundationConcrete Perimeter
AppliancesWasher, Dryer - Electric, Refrigerator, Water softener, Range - Gas
ExteriorWood siding
CommunitySchool Bus, Recreational Facilities
SewerSeptic System
Water SourceDrilled Well
In Grand River on the St Peter's Fourchu Road, next to the big church on the hill
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