$699,000
New
ULS: 23876703
Quadruplex
for sale
181 - 187 Boul. Gouin, Saint-Jean-sur-Richelieu (Saint-Jean-sur-Richelieu)
INVESTORS -- FOURPLEX WITH GREAT POTENTIAL! Fully rented four-unit income property generating annual rental income of $45,360. Features two two-level, three-bedroom units, each with two bathrooms, plus two additional units. Several improvements have been completed, including the roof, exterior siding, concrete balconies and exterior staircases. Conveniently located near schools, the CEGEP, shops and services. Some units require improvements, offering excellent potential for added value. Unit visits permitted only following acceptance of a promise to purchase.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
3
Bedrooms
2
Bathrooms
Addendum
Built in 1951, the property features two three-bedroom units spread over two levels, each with two bathrooms, one one-bedroom unit, and a fourth unit currently configured as a two-bedroom apartment but considered a one-bedroom unit due to a sealed-off bedroom window.
Several significant improvements have been completed by the previous owner, including the roof, exterior siding, concrete balconies, and exterior staircases. Each unit benefits from its own storage shed at the rear of the building. One parking space is currently designated for the use of a single unit.
Both three-bedroom units were renovated by the previous owner. Some units currently require repairs and modernization, offering opportunities for improvements based on the buyer's investment objectives.
A convenient location for tenants! Situated in an established neighbourhood near Cégep Saint-Jean-sur-Richelieu, schools, shops, services, and the city's main roads.
An attractive opportunity to acquire an income-producing property with existing rental income and long-term potential for optimization and value appreciation.
Visits to the units will only be permitted following the acceptance of a promise to purchase.
The present sale is made without the seller's legal warranty of quality. However, the buyer does not waive the legal warranties granted by previous owners and received by the seller upon acquisition of the immovable property, which are hereby assigned to the buyer.
Several significant improvements have been completed by the previous owner, including the roof, exterior siding, concrete balconies, and exterior staircases. Each unit benefits from its own storage shed at the rear of the building. One parking space is currently designated for the use of a single unit.
Both three-bedroom units were renovated by the previous owner. Some units currently require repairs and modernization, offering opportunities for improvements based on the buyer's investment objectives.
A convenient location for tenants! Situated in an established neighbourhood near Cégep Saint-Jean-sur-Richelieu, schools, shops, services, and the city's main roads.
An attractive opportunity to acquire an income-producing property with existing rental income and long-term potential for optimization and value appreciation.
Visits to the units will only be permitted following the acceptance of a promise to purchase.
The present sale is made without the seller's legal warranty of quality. However, the buyer does not waive the legal warranties granted by previous owners and received by the seller upon acquisition of the immovable property, which are hereby assigned to the buyer.
Building details and property interior
Dimensions
29' 10" X 37' 10" irr.
Year constructed
1951
Siding
aggloméré, Brick
Roofing
Asphalt shingles
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
48' 1" X 71' 7" irr.
Lot area
310.50 m²
Topography
Flat
Driveway
Unpaved
Parking (total)
Driveway (2)
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, CEGEP, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 112,200
- Building assessment
- $ 343,200
- Total
- $ 455,400
Taxes
- Municipal (2026)
- $ 4,925
- School (2026)
- $ 296
- Total
- $ 5,221
Annual expenses
- Insurance
- $ 3,702
- Total
- $ 3,702
Gross annual revenues (potential)
- Residential
- $ 45,360
- Total
- $ 45,360
Inclusions and exclusions
Exclusions
Tenants' personal belongings
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.