Well-maintained brick fourplex generating annual revenues of $35,880. Ideally located in the heart of downtown Salaberry-de-Valleyfield, this property offers a prime walkable location--groceries, CEGEP, hospital, and the popular Rue Victoria with its restaurants and vibrant atmosphere are all just steps away. The building features two residential units (a spacious 3½ and a 4½) as well as two commercial spaces, providing solid stability and strong income potential. A great opportunity for an investor looking to add a versatile property to their portfolio.
Sale with exclusion(s) of legal warranty - See listing broker(s)
WELCOME TO 46, 46A, 46B, 46C RUE DU MARCHÉ IN Salaberry-de-Valleyfield
Here's an excellent opportunity for an investor looking for a well-located property with solid income potential. This all-brick fourplex has been maintained over the years and offers a sought-after mix of residential units and commercial spaces.
On the upper level, you'll find two residential units: a 4½ and a spacious 3½ (formerly a 4½), both currently occupied by reliable tenants. These units stand out with their character, featuring approximately 10-foot ceilings, hardwood floors, and original woodwork.
The ground floor includes two commercial units with well-established tenants, each also benefiting from basement storage space. A well-balanced setup that contributes to consistent and stable income.
The property generates annual revenues of $35,880, providing a solid foundation for an investor looking to grow their portfolio. According to the previous owner, the windows and balcony doors on the second floor have been replaced.
Location-wise, it's hard to beat. Within walking distance to all essential services: grocery store, hospital, CEGEP, and just minutes from Rue Victoria, known for its restaurants and lively atmosphere, as well as Parc Sauvé. A convenient and desirable area for both residential and commercial tenants.
Additionally, there is the possibility of obtaining a city-issued parking permit, allowing access to public parking during the winter season -- a valuable advantage in this area.
A versatile, well-located property offering multiple possibilities. Definitely worth a closer look.
Building details and property interior
Dimensions
35' 3" X 54'
Year constructed
1938
Windows
PVC
Siding
Brick
Roofing
Asphalt and gravel
Lot and exterior features
Lot size
48' 6" X 96'
Lot area
1,896.60 ft²
Proximity
Highway, CEGEP, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation
Characteristics
Heating System
Convection baseboards, Electric baseboard units