Spacious and well-maintained 4-plex, ideal for investors! Having undergone several recent renovations, this 4-unit building represents a rare opportunity. The main unit (6 ½) has been completely renovated, offering a modern and attractive living space for residents. The roof and windows have also been replaced, meaning no major maintenance is expected in the short term. Located in a sought-after area of Saint-Jean-sur-Richelieu, this 4-plex generates annual income of $74,868 and offers excellent potential for rent increases. Don’t miss out on this opportunity!
Outdoor parking and storage spaces offer practical amenities that are highly sought after by tenants.
A quiet, residential, family-friendly neighborhood consisting mainly of small homes and multi-unit buildings, ensuring a peaceful and safe environment.
The building has benefited from significant capital investments in recent years, ensuring the asset’s long-term sustainability.
Solid profitability, with stable financial performance and attractive optimization potential for a future owner.
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Owner since 2020, several jobs done for over $ 160,000 in renovations. Absolutely nothing to do. Good potential to increase income. Ideal for owner-occupant. 6 1/2 right has 2 bathrooms.
2018: New Gutters
2010-2011 / 2006: Electrical inputs (units #1 and #2)
Addition of a sump pump in 2006
The garage has been converted into storage space for the current tenants. However, it can be converted back into a single-car garage. Conveniently located in a quiet neighborhood, this property is a solid investment. A visit will convince you!
This sale is made without any legal warranty of quality, at the BUYER’s own risk.
| Cadastral number | 3 088 850 |
| Total Municipal Assessment | $ 722 300 |
| Municipal Land Assessment | $ 267 000 |
| Municipal Building Assessment | $ 455 300 |
| Number of Storeys | 2 |
| Type of Building | Isolated |
| Type of Construction | Brick and wood |
| Year of Construction | 1959 |
| Fire System | To be verified |
| Type of Parking | Intérieur / exterior |
| Number of Parking Spaces | 6 spaces |
| Land Surface Area | 7 370 sq.ft |
| Laundry Room | No |
| Number of Rooms | 22 |
| Number of Units | 2 x 6.5 + 2 x 5.5 |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Fenced | No |
| Internet and Telecom | To be verified |
| Plumbing | ABS / PEX |
| Condition of Roof | Elastomer membrane (2011) |
| Condition of Doors | Redone in 2021 |
| Condition of Balconies | Bonne condition |
| Concierge Agreement | No |
| Intercom and Doorbell | No |
| Heating System | Electric baseboards |
| Hot Water System | Independant tanks |
| Condition of Windows | Redone in 2021 |
| Condition of Kitchens | Kitchens completely redone in 2005 and 2008 (units #3 + #1) |
| Electrical Panels | Circuit breakers / Electrical panel redone (unit #1) |
| Exterior Siding | Brick |
| Condition of Bathrooms | Baths |
| Environmental Report | No |
| Floor Covering | Floating / Wood |
| Unit | Sq. Ft. | Rooms | Bedrooms | Bathroom | Monthly Rent | Lease Expiration | Washer and Dryer Entry |
|---|---|---|---|---|---|---|---|
| 1 | 2 062 $ | June 2027 | |||||
| 2 | 1 692 $ | June 2027 | |||||
| 3 | 1 175 $ | June 2027 | |||||
| 4 | 1 310 $ | June 2027 |
| Unit | 1 |
|---|---|
| Sq. Ft. | |
| Rooms | |
| Bedrooms | |
| Bathroom | |
| Monthly Rent | 2 062 $ |
| Lease Expiration | June 2027 |
| Washer and Dryer Entry |
| Current Amount | Adjusted Amount | % Adjustment | |
|---|---|---|---|
| Total Revenue | / month | ||
| Annual Total Revenue | / year |
| Current Amount | Adjusted Amount | % Adjustment | |
|---|---|---|---|
| Total Expenses | / month | / month | 0 % |
| Annual Total Expenses | / year | / year | |
| Net Revenue | / month | / year | 0 % |
$
$
$
| Net Revenue | $ |
|---|---|
| Annual Mortgage Payment | $ |
| Cashflow After Loan | $ |