High-potential six-unit building, excellent investment! Discover this six-unit building offering an exceptional opportunity for stable income. Owner-occupancy possible. Building with a potential gross rental yield of 10.3 times revenue ($80,100 gross per year). *Currently undergoing rezoning to residential.* Please contact us for more details.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Modifications to be made to the following apartments: #1: This involves combining loft #1 with rooms #7 and #8 to create a large 3 1/2 with a toilet and sink in each room. Rental potential of $1,300/month. #6: This involves enlarging the bathroom to add a shower, creating a large loft. Rental potential of $1,500/month.
Total monthly income after renovations: $6,675/month or $80,100/year.
Advantages: - Access to the public beach - Variety of units, perfect for attracting different types of tenants - Potential for rent optimization and future income growth - Well-located and easy-to-manage building offering excellent cash flow
Area: - Access to the public beach (Lac Ménard) - Abundant natural environment: a preserved setting, one of the municipality's main attractions, both for vacationing and permanent living. - Abundant forests, lakes and bodies of water (Lac Sarrazin, Lac Amico) ideal for swimming, kayaking, fishing, etc. - Mount Kaaikop: Hiking trails - Less than 15 minutes from Sainte-Agathe and all its amenities
Don't miss this opportunity to own a profitable property, combining stability and growth potential in today's real estate market.
*Currently undergoing rezoning to residential.*
**Please contact us for more details.**
Building details and property interior
Dimensions
35' 6" X 50' 4" irr.
Year constructed
Unknown
Roofing
Sheet metal
Lot and exterior features
Lot size
111' 2" X 105' 10" irr.
Lot area
1,113.20 m²
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 18,300
Building assessment
$ 557,200
Total
$ 575,500
Taxes
Municipal
(2026)
$ 6,369
School
(2026)
$ 740
Total
$ 7,109
Gross annual revenues (potential)
Residential
$ 80,100
Total
$ 80,100
Inclusions and exclusions
Inclusions
All assets included in the leases
Exclusions
Tenants' belongings, all belongings excluded from the leases, but negotiable