Property Description
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 $6,000–$7,000 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:63357)
Property Details
- Property Type
- Detached
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,226 sqft
- Above Grade Area
- 1,226 sqft
- Below Grade Area
- 1,000 sqft
- Year Built
- 1996
- Stories
- 1.0
- Status
- Active
Location & Neighborhood
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