Average square foot calculated using Size range provided by listing agent.
Description
This fully tenanted six-plex offers immediate cash flow and long-term potential. Featuring a strong 8.7% CAP rate and gross monthly income of $7, 330, this income-generating property includes five apartment units; Two 2-bedrooms and Three 1-bedrooms plus a separate, private 2-bedroom house at the rear of the lot. The standalone house offers untapped potential with a spacious attic, ideal for adding an additional unit (buyer to verify). The buildings lower level includes independent access to all mechanicals and a shared laundry area, providing a perfect setup to install coin-operated machines for additional income. Situated on a large lot with ample tenant parking and green space, this property is fully rented with reliable tenants. Located in the heart of Beachburg, a peaceful and growing community just a short drive from Pembroke and Hwy 17. Whether you're expanding your portfolio or looking for a turn-key investment, this multi-unit property is a solid performer with room to grow. (id:58753)Show Description
MLS® NumberX12315545
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard heaters, Electric
A/CWall unit
Heating Fuel
Extras
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