About 376 Beaver Bank Road
This fully rented four units building, built in 2023, offers over 4,750 sq. ft. of finished living space and includes seven parking spots, one of which is a private garage attached to one of the larger units. With all four units currently leased to reliable tenants, this property is a turnkey opportunity for any serious investor. The building generates a gross monthly income of $8,100, totaling $97,200 annually. With low operating costs—tenants cover power, heat, snow removal, and lawn care—the total annual expenses come to just $12,600. This results in a strong net operating income of $84,600 per year. The unit layout includes two large three-bedroom, two-and-a-half-bath units (one with a garage), one two-bedroom, one-bath unit, and one one-bedroom, one-bath unit. Each unit features in-unit laundry, energy-efficient heat pumps, and a full appliance package. Situated on a main road with easy bus access, the property is directly across from a grocery store and conveniently located near schools and daycares. This is a rare chance to acquire a modern, income-producing asset in a prime location with solid returns and minimal overhead. Leases and further details are available upon request.
