Property Description for 1806 BEACHBURG ROAD
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:38686)
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Property Details
Property Tax
: $4,331 (2024)MLS® #
: X12315545
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Baseboard heaters, ElectricBasement
: Partially finished, Full
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Wood
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