1826 St Peters Fourchu Rd, Grand River Grand River, Nova Scotia B0E 1M0
$399,900
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:45785)
Property Details
| MLS® Number | 202605894 |
| Property Type | Multi-family |
| Community Name | Grand River |
| Amenities Near By | Place Of Worship, Beach |
| Community Features | Recreational Facilities, School Bus |
Building
| Appliances | Range - Gas, Dryer - Electric, Washer, Refrigerator, Water Softener |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | Full (finished) |
| Exterior Finish | Wood Siding |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Concrete Perimeter |
| Type | Apartment |
| Utility Water | Drilled Well |
Parking
| Gravel | |
| Parking Space(s) |
Land
| Acreage | Yes |
| Land Amenities | Place Of Worship, Beach |
| Sewer | Septic System |
| Size Irregular | 2.52 |
| Size Total | 2.52 Ac |
| Size Total Text | 2.52 Ac |
Contact Us
Contact us for more information
Johannes Dombrowski
114 Highway 247
St. Peters, Nova Scotia B0E 3B0
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April 01 2026 08:08:23
Nova Scotia Association of REALTORS®
Iland Realty Inc.