For Sale: 1826 St Peters Fourchu Rd, Grand River, Grand River, NS

About this home

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:63626)

Listed by: Johannes Dombrowski, Salesperson, iLand Realty Inc.

Home facts and features

Price details

List Price

$399,900

Home facts

Bedrooms

Full Bathrooms

Parking Details

Gravel, Parking Space(s)

Property Type

Multifamily

Lot Size

2.52 acres

Depth

Title

Freehold

Exterior Finish

Wood siding

Heating Type

Baseboard heaters, Oil, Furnace

Basement Details

Finished, Full, Walk out

Appliances

Dryer - Electric, Range - Gas, Refrigerator, Washer, Water softener

Agent details

Primary Agent

Johannes Dombrowski

Primary Broker

iLand Realty Inc.

Listing details

Days on REW

84 Days

MLS® Number

202605894

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 307km

Port Elgin Regional School

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

Polyvalente Louis-J.-Robichaud

n/a
9 - 12
In Catchment

École Mgr-François-Bourgeois

n/a
K - 8
In Catchment

1826 St Peters Fourchu Rd, Grand RiverGrand River, NS, B0E 1M0