Great investment opportunity in the resort community of Regina Beach! This unique property features 3 distinct living spaces -the main level suite up is 1104 sqft, the walkout basement suite is 1104 sqft & the garage loft suite is 780 sqft - totalling 2988 sqft of living space & making it a versatile investment or the perfect multi-generational home. All suites have their own separate entrances, private laundry & their own outdoor space. The main level suite is 2 bedrooms with 1 bathroom and features a gas fireplace in the living room. This main level suite also features beautiful hardwood flooring that carries throughout the main living area, as well as stainless steel appliances, gas stove & granite countertops. The lovely wrap-around deck is nestled within a peaceful oasis & perfect for hot summer days or quiet evenings. With 1100 square feet of living space, there is ample space for a family to enjoy. The lower walkout suite is tucked under the deck & features stainless steel appliances, large windows & a garden door leading out to a private xeriscaped patio area. This 2 bedroom suite has a large open concept kitchen/dining & living room area with newer flooring and is quite a cozy spot. The newer garage was built in 2009 using ICF concrete construction and spray foam insulation and features a bonus 780 square foot, 2-bedroom loft suite with vaulted ceiling. This suite also has its own furnace and water heater (2024), appliances, laundry & private outdoor space. Grading was done on the property in 2024 & the main house furnace has a new motor (2024) and a new heat pump was installed in 2024 that acts as an air conditioner for the summer & heater during cooler months. Conveniently close to all that Regina Beach has to offer, this well-maintained property presents endless possibilities. Whether you’re a savvy investor or a family seeking flexible living options, 232 1st Street E is a rare find & a must see. Call your agent today to schedule your appointment. (id:8860)