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Investment Opportunity: 8-10% 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:2494)


Property Details

ID: 28355616

Ammenities Near By: Place of Worship, Beach

Community Features: Recreational Facilities, School Bus

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

Price: 449,000

Transaction Type: For sale

View Type: River view

Building

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

Land

Size Total: 2.52 ac

Size Total Text: 2.52 ac

Acreage: TRUE

Amenities: Place of Worship, Beach

Sewer: Septic System

Size Irregular: 2.52

Parking

Name: Gravel

Name: Parking Space(s)

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Multi-Family
• Home size: 0 ft² / 0 m²
• MLS: 18653-202512000
• Status: Active

Map