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Vanda Jackson

realtorvandajackson@gmail.com +1(902) 719-9558

Listed by Johannes Dombrowski • iLand Realty Inc.

$ 399,900

Est. payment | -/mo

6 Beds

2.52 Acres Lot

Save

$ 399,900

Est. payment | -/mo

Save

6 Beds

2.52 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202605894

Bedrooms 6

HOA Y/N No

Lot Size 2.520 Acres

Acres 2.52

Property Sub-Type Multi Family

Source Nova Scotia

Property Description

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.

Location

Province NS

County Richmond

Area 305-Richmond County / St. Peters & Area

Zoning RG

Region Highland Region

City Region Highland Region

Rooms

Basement Full, Finished, Walk-Out Access

Dining Room to be attached

Interior

Interior Features Storage

Heating Baseboard, Furnace

Flooring Laminate, Vinyl

Equipment No Rental Equipment

Fireplace No

Appliance Gas Range, Dryer - Electric, Washer, Refrigerator, Water Softener, Stove, Dryer

Laundry Laundry

Exterior

Community Features Recreation Center, School Bus Service, Place of Worship, Beach

View Y/N No

Roof Type Asphalt

Porch Deck

Garage No

Private Pool No

Building

Lot Description 1 to 2.99 Acres

Story 2

Foundation Concrete Perimeter

Sewer Septic Tank

Water Drilled Well

New Construction No

Schools

Elementary Schools East Richmond Education Centre

Middle Schools East Richmond Education Centre

High Schools Richmond Education Centre/ Academy

Others

Ownership Freehold

ParcelsYN No

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(902) 719-9558

realtorvandajackson@gmail.com

800-1701 Hollis Street, Halifax, NS, B3J 3M8, CAN

Learn More About LPT Realty

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