9 Bedroom
6 Bathroom
3,500 - 5,000 ft2
Wall Unit
Baseboard Heaters
$569,900
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:43934)
Property Details
MLS® Number
|
X12315545 |
Property Type
|
Multi-family |
Community Name
|
581 - Beachburg |
Features
|
Irregular Lot Size |
Parking Space Total
|
12 |
Building
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 |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Zoning Description
|
Multi Residential |
https://www.realtor.ca/real-estate/28670795/1806-beachburg-road-whitewater-region-581-beachburg