1826 St Peters Fourchu Rd, Grand River (MLS® 202605894)

Grand River, NS, B0E 1M0

Summary

MLS ®:
 202605894
Price:
 $399,900
Status:
 Active
District:
 305
Zoning:
 RG
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 to be attached
Approx. Net Income:
 to be attached
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 to be attached
Expense Details:
Call 902-499-7886

Property Overview

1826 St Peters Fourchu Rd, Grand River, Grand River (MLS® 202605894): 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.

Listing Courtesy of: iLand Realty Inc.

Directions

In Grand River on the St Peter's Fourchu Road, next to the big church on the hill

Building Specs.

Building Age:
76
Building Dimensions:
61'10"x33'8"
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Siding
Flooring Type:
Laminate, Vinyl
Heating & Cooling:
Baseboard, Furnace
Water:
Drilled Well
Sewage:
Septic
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Large wrap-around gravel parking lot
Driveway/Parking:
Circular, Gravel, Parking Spaces(s)

Features

Laundry, Storage

Community Features

Beach, Place of Worship, Recreation Center, School Bus Service

Schools

Elem. School: East Richmond Education Centre
Mid. School: East Richmond Education Centre
High School: Richmond Education Centre/ Academy

Rental Equipment

None

Map

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