FULLY RENTED QUINTUPLEX - $79,848 in Annual Income - EXCELLENT OPPORTUNITY FOR INVESTORS! Great opportunity in Saint-Jean-sur-Richelieu! Detached quintuplex, brick construction on all four sides, comprising 5 residential units: 4 x 3½ and 1 x 5½, plus 6 parking spaces. The building is fully occupied and currently generates gross annual income of $79,848. Potential improvements include converting it into 6 units. Situated on a 5,918-sq. ft. lot. Convenient location near major roads, public transit, a CEGEP, schools, daycare centers, a hospital, parks, and a bike path.
30' X 40'1" Irregular
1955
2,400 SF
PVC
Sliding , Casement
Poured concrete
Brick
Asphalt and gravel
Wood , Ceramic , Laminate floor
Wood
FULLY RENTED QUINTUPLEX -- $79,848 IN ANNUAL GROSS INCOME -- EXCELLENT OPPORTUNITY FOR INVESTORS
Great investment opportunity in Saint-Jean-sur-Richelieu! Detached quintuplex, brick-built on all four sides, comprising 5 residential units: 4 x 3½ and 1 x 5½.
The building is fully occupied and currently generates $79,848 in gross annual income, providing the buyer with income immediately upon purchase. Potential improvements include converting the property into 6 units.
Set on a 5,918-sq.-ft. lot, the building also offers 6 parking spaces.
Convenient location near major roads, public transit, a CEGEP, schools, daycare centers, a hospital, parks, and a bike path.
An attractive property for investors seeking a fully leased, stable income property in an established neighborhood of Saint-Jean-sur-Richelieu.
Current gross income: $79,848/year
5 units: 4 x 3½ + 1 x 5½
6 parking spaces
Detached, brick building on all four sides
Lot size: 5,918 sq. ft.
Financial statements and lease details available upon request.
A tour will allow you to see the full potential of this income property.
30' X 40'1" Irregular
1955
2,400 SF
PVC
Sliding , Casement
Poured concrete
Brick
Asphalt and gravel
Wood , Ceramic , Laminate floor
Wood
55' X 107'11" Irregular
5,918 SF
Fenced
Flat
Asphalt
Driveway : 6
Highway , CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Cross-country skiing , Public transportation
Residential
Convection baseboards , Electric baseboard units
Electricity
Wall-mounted air conditioning , Wall-mounted heat pump
Municipality
Municipality
Appliances in the apartments, wall-mounted A/C apt 325, wall-mounted heat pump apt 325-B.
Hot Water Tanks (rented) and things belonging to tenants.
My name is ANDREA SITTA, RE/MAX real estate broker. How may I help you?
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RE/MAX ACTION | 1225 avenue Greene, Westmount, Québec, H3Z 2A4
Hello, my name is ANDREA SITTA, real estate broker. Contact me for more information.
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