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:53156)
MLS® Number | X12315545 |
Property Type | Multi-family |
Community Name | 581 - Beachburg |
Equipment Type | Water Heater |
Features | Irregular Lot Size |
Parking Space Total | 12 |
Rental Equipment Type | Water Heater |
Bathroom Total | 6 |
Bedrooms Above Ground | 9 |
Bedrooms Total | 9 |
Basement Development | Partially Finished |
Basement Type | Full (partially Finished) |
Cooling Type | Wall Unit |
Exterior Finish | Wood |
Foundation Type | Block, Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 3,500 - 5,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Zoning Description | Multi Residential |
https://www.realtor.ca/real-estate/28670795/1806-beachburg-road-whitewater-region-581-beachburg
Jason Turcotte
Salesperson
(613) 735-1062
(613) 735-2664
Erica Turcotte
Salesperson
(613) 735-1062
(613) 735-2664