$659,000
ULS: 21156219
8-15-Plex for sale - Plessisville - Ville
1818 Rue St-Jean, Plessisville - Ville
Welcome to a remarkable real estate opportunity in the heart of Plessisville, where the charm of a thriving community meets the promise of a solid financial return. This income property of exceptional caliber, with 13 fully-rented units, is the epitome of a sound investment in the real estate market. Strategically located in the sought-after Plessisville district, this property offers convenient access to local amenities, schools and parks, ensuring its attractiveness to a wide range of tenants. A great investment. To whom it may concern, find out more!
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
JOE MAGRI
Real Estate Broker
RE/MAX EXCELLENCE INC.
RAGHEED JOHIER
Residential and Commercial Real Estate Broker
RE/MAX EXCELLENCE INC.
Addendum
Welcome to a remarkable real estate opportunity in the heart of Plessisville, where the charm of a thriving community meets the promise of solid financial returns. Presenting a revenue property of exceptional caliber, boasting 13 units that are all fully rented, this investment is the epitome of a wise venture in the real estate market.
Strategically positioned within the desirable Plessisville locale, this property offers convenient access to local amenities, schools, and parks, ensuring its attractiveness to a wide range of tenants. The bustling neighborhood contributes to consistently high occupancy rates, underlining the stability and potential for long-term income generation.
One of the most striking aspects of this property is its remarkable affordability. With a purchase price of less than 10 times the gross revenue, this investment stands as a truly exceptional find in today's market. Such an impressive financial ratio is a testament to the incredible value this property holds and the incredible potential for substantial return on investment.
Whether you're a seasoned investor seeking to expand your portfolio or an aspiring entrepreneur embarking on your real estate journey, this revenue property in Plessisville offers an opportunity that is not to be missed. With its exceptional affordability, prime location, and proven rental history, it stands as a beacon of potential and a gateway to prosperous real estate endeavors. Seize the chance to secure your financial future with this outstanding 13-unit revenue property in the heart of Plessisville.
Strategically positioned within the desirable Plessisville locale, this property offers convenient access to local amenities, schools, and parks, ensuring its attractiveness to a wide range of tenants. The bustling neighborhood contributes to consistently high occupancy rates, underlining the stability and potential for long-term income generation.
One of the most striking aspects of this property is its remarkable affordability. With a purchase price of less than 10 times the gross revenue, this investment stands as a truly exceptional find in today's market. Such an impressive financial ratio is a testament to the incredible value this property holds and the incredible potential for substantial return on investment.
Whether you're a seasoned investor seeking to expand your portfolio or an aspiring entrepreneur embarking on your real estate journey, this revenue property in Plessisville offers an opportunity that is not to be missed. With its exceptional affordability, prime location, and proven rental history, it stands as a beacon of potential and a gateway to prosperous real estate endeavors. Seize the chance to secure your financial future with this outstanding 13-unit revenue property in the heart of Plessisville.
Building details and property interior
Dimensions
60' X 36'
Year constructed
1955
Lot and exterior features
Lot size
90' X 87'
Lot area
7,830 ft²
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 30,600
- Building assessment
- $ 266,800
- Total
- $ 297,400
Taxes
- Municipal (2023)
- $ 9,450
- School (2023)
- $ 263
- Total
- $ 9,713
Annual expenses
- Insurance
- $ 7,727
- Snow removal
- $ 833
- Total
- $ 8,560
Energy expenses
- Electricity
- $ 5,965
- Total
- $ 5,965
Gross annual revenues (potential)
- Residential
- $ 72,900
- Other
- $ 2,000
- Total
- $ 74,900
Inclusions and exclusions
Mortgage payment calculator
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