$799,000
New
ULS: 10146448
Quadruplex
for sale
349 - 353 Rue Maisonneuve, Saint-Jean-sur-Richelieu (Saint-Jean-sur-Richelieu)
High-potential fourplex in Saint-Jean-sur-Richelieu! Located in a sought-after area--close to amenities, schools, and the hospital, this property consists of two 3½ room units and two large 4½ room units, all currently tenanted. It generates an annual income of $54,202, with a Gross Rent Multiplier (GRM) of approximately 14. This is an excellent investment opportunity with significant potential for optimization! The basement unit can be fully renovated once it becomes vacant, while the yard and garage, currently reserved for the owner's use, offer great possibilities for an owner-occupant or for increasing rental income. Book your visit!
Property features
2
Bedrooms
1
Bathroom
ROSE FALLON
Residential and Commercial Real Estate Broker
Addendum
High-potential quadruplex in Saint-Jean-sur-Richelieu!
Located in a desirable neighborhood in Saint-Jean-sur-Richelieu--close to all amenities, schools, and the hospital--this building represents an excellent opportunity for both investors and owner-occupants.
The property consists of 4 units: two 3½-room apartments and two spacious 4½-room apartments, all currently tenanted. With a current annual income of $54,202 and a Gross Rent Multiplier (GRM) of approximately 14, it offers attractive profitability from the moment of acquisition, while presenting significant potential for optimization for a visionary buyer.
-Roof replaced
-Basement windows and windows for unit 351 replaced
There are many possibilities here! The basement unit will require a full renovation once it becomes vacant, allowing you to reconfigure it to suit your specific goals. Furthermore, the yard and garage--currently reserved for the owner's use--offer a valuable advantage, whether for a future owner-occupant or as a way to quickly increase rental income.
Whether you are looking to invest, improve your property's yield, or live in a home that generates rental income, this quadruplex deserves your attention.
A prime location, immediate rental income, and exciting potential to create even more value!
Located in a desirable neighborhood in Saint-Jean-sur-Richelieu--close to all amenities, schools, and the hospital--this building represents an excellent opportunity for both investors and owner-occupants.
The property consists of 4 units: two 3½-room apartments and two spacious 4½-room apartments, all currently tenanted. With a current annual income of $54,202 and a Gross Rent Multiplier (GRM) of approximately 14, it offers attractive profitability from the moment of acquisition, while presenting significant potential for optimization for a visionary buyer.
-Roof replaced
-Basement windows and windows for unit 351 replaced
There are many possibilities here! The basement unit will require a full renovation once it becomes vacant, allowing you to reconfigure it to suit your specific goals. Furthermore, the yard and garage--currently reserved for the owner's use--offer a valuable advantage, whether for a future owner-occupant or as a way to quickly increase rental income.
Whether you are looking to invest, improve your property's yield, or live in a home that generates rental income, this quadruplex deserves your attention.
A prime location, immediate rental income, and exciting potential to create even more value!
Building details and property interior
Dimensions
57' 3" X 27' 10" irr.
Year constructed
1972
Siding
Asphalt shingles, Stone, Stucco
Roofing
Elastomeric membrane, Asphalt shingles
Garage
Attached, Single width
Basement
Finished basement, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot area
689.30 m²
Driveway
Asphalt, Double width or more
Parking (total)
Garage (1), Driveway (6)
Proximity
Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Highway, CEGEP
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 195,100
- Building assessment
- $ 349,000
- Total
- $ 544,100
Taxes
- Municipal (2026)
- $ 5,435
- School (2026)
- $ 364
- Total
- $ 5,799
Gross annual revenues (potential)
- Residential
- $ 54,204
- Total
- $ 54,204
Inclusions and exclusions
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.