1826 St Peters Fourchu Rd, Grand River, Grand River, NS

$399,900

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6

Beds

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.

Features of 1826 St Peters Fourchu Rd, Grand River

MLS® # 202605894
Price $399,900
Bedrooms 6
Acres 2.52
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 1826 St Peters Fourchu Rd, Grand River
Area Highland Region
District 305-Richmond County / St. Peters & Area
Sub-District N/A
City Grand River
County Richmond
Province NS
Postal Code B0E 1M0

Amenities

Parking Circular Driveway, Gravel, Parking Spaces(s)
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Appliances Gas Range, Dryer - Electric, Washer, Refrigerator, Water Softener, Stove, Dryer
Heating Baseboard, Furnace
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Finished, Walk-Out Access

Exterior

Lot Description 1 to 2.99 Acres
Roof Asphalt
Construction Wood Siding
Foundation Concrete Perimeter

School Information

Elementary East Richmond Education Centre
Middle East Richmond Education Centre
High Richmond Education Centre/ Academy

Additional Information

Zoning RG

Listing Details

OfficeiLand Realty Inc.

Listing Map

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