1826 St Peters Fourchu Rd, Grand River
Grand River, Nova Scotia
MLS® 202605894
$399,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202605894
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 24Listing description
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.
Property summary
- MLS® number
- 202605894
- Property type
- Multi-family
- Building type
- Apartment
- Title
- Freehold
- Land size
- 2.52 acres
- Parking
- Parking Space(s), Gravel
- Days on market
- 148 days
Features & details
- Heating
- Baseboard heaters, Oil, Furnace
- Basement
- Finished, Full, Walk out
- Flooring
- Laminate, Vinyl
- Appliances
- Washer, Dryer - Electric, Refrigerator, Water softener, Range - Gas
- Exterior features
- Wood siding
- Community features
- School Bus, Recreational Facilities
What would this home cost you?
Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of iLand Realty Inc., St. Peters.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.