Property Information:
Welcome to 22 Beach Blvd! Exceptional investment opportunity. Newly renovated triplex located steps from the lake, offering strong income potential and long-term upside. Currently positioned for short-term rentals with consistent demand from mining and corporate tenants, achieving market rents of approximately $5,000-$6,000 per month. This property supports an estimated 9% cap rate, making it an attractive option for investors seeking both cash flow and appreciation. Each unit has been updated, allowing for low-maintenance ownership and immediate income generation. Rare opportunity to secure a steps from the lake multi-residential asset with future expansion potential - an additional triplex next door is expected to be available for purchase in 2026, offering a unique chance to scale holdings side-by-side. Ideal for investors looking to diversify with a turn-key, income-producing property in a desirable location. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Amenities:
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Architectural Style:
Bungalow
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Basement Development:
Finished
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Basement Type:
N/A, Full, N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Vinyl siding
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Fireplace:
Yes
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Floor Space:
1100 - 1500 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Dryer, Stove, Washer, Refrigerator