1826 St Peters Fourchu Rd, Grand River, Grand River, Nova Scotia

$399,900

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2.52

Acres

About 1826 St Peters Fourchu Rd, Grand River

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:36535)

Features of 1826 St Peters Fourchu Rd, Grand River

Listing # 202605894
Price $399,900
Bathrooms 0.00
Acres 2.52
Type Multi-family
Sub-Type Freehold

Community Information

Address 1826 St Peters Fourchu Rd, Grand River
Subdivision Grand River
City Grand River
Province Nova Scotia
Postal Code B0E1M0

Amenities

Amenities Place of Worship, Beach
Parking Gravel, Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Appliances Range - Gas, Dryer - Electric, Washer, Refrigerator, Water softener
Heating Oil Baseboard heaters, Furnace
Fireplace No
Has Basement Yes
Basement Features Walk out
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Wood siding
Foundation Concrete Perimeter

Listing Details

OfficeCourtesy Of iLand Realty Inc.

Listing Map