Investment opportunity: 5-plex comprising 4 one-bedroom units and 1 three-bedroom unit. Current gross annual income of approximately $51,720. All units are leased until December 31, 2026, ensuring rental stability. Heating is paid by the owner. The building will require some attention, ideal for investors looking to add value and optimize medium-term returns.
Sale with exclusion(s) of legal warranty - See listing broker(s)
An investment opportunity with existing income and potential for optimization. - Five (5) unit building. - Layout: four (4) 1-bedroom units and one (1) 3-bedroom unit. - Current gross annual income: $51,720. - All units are rented, ensuring rental stability. - The owner pays the heating costs. - Electricity is paid by the tenants (4/5) - Building requires some attention and updates. - Potential for income optimization in the medium term. - Ideal for investors looking for a value-added project.
Building details and property interior
Year constructed
1958
Living area
2,855 ft²
Windows
Wood
Window Type
Sliding, Casement
Siding
Brick, Stone, Vinyl
Roofing
Asphalt shingles
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot area
6,531 ft²
Topography
Flat
Driveway
Double width or more, Asphalt
Parking (total)
Driveway (6)
Proximity
Daycare centre, Hospital, Park, Elementary school, High school, Public transportation, University, CEGEP, Highway