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$895,000
ULS: 22420360

Quadruplex for sale - Saint-Jean-sur-Richelieu (Saint-Jean-sur-Richelieu)

118 Rue Frontenac, Saint-Jean-sur-Richelieu (Saint-Jean-sur-Richelieu)
Large 4 dwellings including 2 x 5-1/2 and 2 x 3-1/2. Well located at the corner of Frontenac and Collin, allows you to access the city center, CEGEP, the highway and public transportation. The apartments renovated to today's taste, offers you a first-class investment in real estate
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
1 Bathroom

GUY BOURGET

Residential Real Estate Broker

RE/MAX EVOLUTION

Lease for 118 Frontenac:

The lease for 118 Frontenac indicates the rental of the water heater, even though it is the property of the seller. The tenant is responsible for the payment of energy costs.

Renovations for 2 x 5-1/2:

Renovations carried out in the two 5-1/2 apartments include improvements starting from insulation, windows, plumbing, electricity, flooring, kitchen, and bathroom. They now have access to additional space in the basement, providing tenants with extra living area.

Renovations for 2 x 3-1/2:

In the two 3-1/2 apartments, renovations covered 70% of windows, electrical and plumbing systems. Kitchens, bathrooms, floors, and painting have also been upgraded.

Dimensions 30' 11" X 45' 1"
Year constructed 1947
Windows PVC
Siding Brick
Lot size 50' X 76' 9"
Lot area 354.90 m²
Driveway Unpaved
Parking (total) Driveway (4)
Proximity Golf, Hospital, Bicycle path, Elementary school, High school, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2023)

Lot assessment
$ 90,700
Building assessment
$ 306,200
Total
$ 396,900

Taxes

Municipal (2023)
$ 3,981
School (2023)
$ 288
Total
$ 4,269

Annual expenses

Other
$ 828
Snow removal
$ 628
Total
$ 1,456

Gross annual revenues (potential)

Residential
$ 68,244
Total
$ 68,244
Desjardins

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