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 currently rented, ensuring rental stability. Three of the units are rented on a monthly basis. 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. For savvy investors! - Five (5) unit building. - Layout: four (4) 1-bedroom units and one (1) 3-bedroom unit. - All units are currently rented, ensuring rental stability. Three of the units are rented on a monthly basis. - Current gross annual income: $51,720. - 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