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$399,900
Grand River
1826 St Peters Fourchu Rd, Grand River, Grand River, Nova Scotia, B0E1M0
This multi-family property in Grand River is for sale. It has been on the market 219 days, fresher than the Grand River average of 380 days.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 219 days on market, against an average age of 380 days across the listings currently for sale in this city
This multi-family in Grand River has been listed for 219 days, which is 161 days fresher than the city average of 380. Act while there is still low competition.
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