$559,000
8 Station Road
Beds
0
Baths
—
Sqft
—
Year
1950
About this home
Welcome to 8 Station Road, a fantastic investment opportunity featuring 8 rental units. This property offers diverse mix of unit types, catering to a range of tenants while providing a stable source of rental income. One two-bedroom unit perfect for small families or couples, this spacious unit also features a spacious living room, kitchen and 2 full baths. Six one-bedroom units ideal for singles, students, professionals. With a spacious living area, kitchen with ample cabinets for storage and bath. One unit is wheel chair accessible. One bachelor unit with murphy bed, a compact and efficient unit, perfect for a single person or student featuring a combined living/sleeping area, kitchen and bath. All units have separate entrances, washer and dryer. Siding, windows, electrical, and plumbing completed in 2016/2017. Units heated by electric heat. Many opportunities with this property, live in one and collect income for investment purposes. (id:65958)
- Subtype
- Other
- MLS#
- 1292143
- Area
- GRAND_FALLS-WINDSOR
Cash on cash
-12.01%
Cap rate
3.49%
GRM
16.6
Break-even rent
$3,977
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.