Investment Opportunity: 8-10% CAP RATE on 5-Unit Rental Property! Discover this fantastic investment property featuring 5 well-maintained rental units, all with long-term tenants. Currently at full occupancy with a waitlist, the property offers a steady income stream. Located on the scenic banks of the Grand River, this property offers stunning views and a peaceful setting, making it highly attractive to tenants. Whether you're a seasoned investor or just starting out, this opportunity provides steady income and potential for future appreciation. Don’t miss out on this prime investment!
For sale
C$449,000
1826 Saint Peters Fourchu Rd, Richmond, NS B0E 1M0
6beds
--baths
2,082sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
C$216/sqft
C$-- HOA
What's special
Stunning viewsPeaceful setting
- 71 days
- on Zillow |
- 12 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 06:06am
Listed by:
Beth Groom,
Cape Breton Realty Brokerage,
Kevin King,
Cape Breton Realty
Source: NSAR,MLS®#: 202512000
Originating MLS®#: Nova Scotia Association of REALTORS®

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Baseboard, Furnace
Appliances
- Included: Electric Range, Dryer - Electric, Washer, Refrigerator, Water Softener, Stove, Dryer
- Laundry: Laundry
Features
- Storage
- Flooring: Laminate, Vinyl
- Basement: Full,Finished,Walk-Out Access
Interior area
- Total structure area: 2,081
- Total interior livable area: 2,081 sqft
Property
Parking
- Parking features: Circular Driveway, Gravel, Parking Spaces(s), Parking
- Has uncovered spaces: Yes
- Details: Parking Details(Large Wrap-Around Gravel Parking Lot)
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Size: 2.52 Acres
- Features: 1 to 2.99 Acres
Details
- Parcel number: 75084178
- Zoning: Rural
- Other equipment: No Rental Equipment
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Gas: Oil
- Sewer: Septic Tank
- Water: Drilled Well
Community & HOA
Community
- Features: Recreation Center, School Bus Service, Place of Worship, Beach
Location
- Region: Richmond
Financial & listing details
- Price per square foot: C$216/sqft
- Tax assessed value: C$146,100
- Price range: C$449K - C$449K
- Date on market: 5/23/2025
- Inclusions: Appliances
- Exclusions: Furnishings And Personal Items Belonging To The Tenants
- Ownership: Freehold
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