Investment Opportunity: 10-12% CAP RATE on 5-Unit Rental Property! Discover this fantastic investment property featuring 5 well-maintained rental units, all with long-term tenants. Currently at full occupancy with a waitlist, the property offers a steady income stream. Located on the scenic banks of the Grand River, this property offers stunning views and a peaceful setting, making it highly attractive to tenants. Whether you're a seasoned investor or just starting out, this opportunity provides steady income and potential for future appreciation. Dont miss out on this prime investment! (id:45785)
| MLS® Number | 202512000 |
| Property Type | Multi-family |
| Community Name | Grand River |
| Amenities Near By | Place Of Worship, Beach |
| Community Features | Recreational Facilities, School Bus |
| View Type | River View |
| Appliances | Range - Electric, Dryer - Electric, Washer, Refrigerator, Water Softener |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | Full (finished) |
| Constructed Date | 1950 |
| Exterior Finish | Wood Shingles |
| Flooring Type | Laminate, Vinyl |
| Foundation Type | Concrete Perimeter |
| Type | Apartment |
| Utility Water | Drilled Well |
| Gravel | |
| Parking Space(s) |
| 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 |
https://www.realtor.ca/real-estate/28355616/1826-st-peters-fourchu-road-grand-river-grand-river
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Beth Groom
Kevin King