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  • 1826 St Peters Fourchu Rd, Grand River in Grand River: 305-Richmond County / St. Peters & Area Multi-Family for sale (Highland Region) : MLS®# 202605894

    1826 St Peters Fourchu Rd, Grand River 305-Richmond County / St. Peters & Area Grand River B0E 1M0
    Main Photo: 1826 St Peters Fourchu Rd, Grand River in Grand River: 305-Richmond County / St. Peters & Area Multi-Family for sale (Highland Region)  : MLS®# 202605894
    $399,900
    Multi-Family
    Status:
    Active
    MLS® Num:
    202605894
    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. More details
    Listed by iLand Realty Inc.
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Data was last updated September 20, 2026 at 01:20 PM (UTC)