Prime location! Stunning quadruplex built in 2019, located on a corner lot in a recent, sought-after development near the Saint-Jérôme Sports District and the beautiful trail leading to Lake Jérôme. Generating gross income of $72,780 with potential for growth, this high-quality building features two spacious 5 ½ units (approx. 1,330 sq. ft.) on the first and second floors, plus two 3 ½ garden-level units, highly desirable on the rental market. Situated in a quiet, high-demand area, this is a stable and attractive investment opportunity.
Superior quality building featuring meticulous construction with masonry on the front and side facades. This 27 x 50 ft property includes 4 units: two spacious 5 ½ units of approximately 1,330 sq. ft. each, as well as two 3 ½ units. All units have independent entrances and are separated by concrete floors, ensuring excellent soundproofing. The two 5 ½ units offer very large balconies, perfect for enjoying the outdoors. Ideally located in the dynamic Sports District, close to a new mega sports complex under construction, two ice rinks, a park with water features, and a free municipal shuttle. All just steps from an impressive natural trail leading to Lake Jérôme, a major asset supporting strong rental demand. Well-managed building with stable and reliable tenants. All infrastructure fully paid. Several value-added features: full-height kitchen cabinets in all 4 units, additional pantry on the ground floor, glass shower enclosures in the 3 ½ units, 12 x 24 ceramic tiles, vinyl flooring with underlayment, 4 storage sheds, and 6 parking spaces. GROSS INCOME: $72,780
A turnkey investment opportunity not to be missed!
Building details and property interior
Dimensions
27' X 50'
Year constructed
2019
Windows
PVC
Window Type
Casement
Siding
Vinyl, Stone
Roofing
Asphalt shingles
Dividing Floor
Concrete
Bathroom
Separate shower
Lot and exterior features
Lot size
84' 4" X 101' 8"
Lot area
829.30 m²
Topography
Flat
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Driveway (6)
Proximity
Daycare centre, Park, Elementary school, High school, Commuter train, Public transportation, CEGEP, Highway
Characteristics
Heating System
Electric baseboard units, Convection baseboards
Heating Energy
Electricity
Property or unit amenity
Air exchange system, Central vacuum cleaner system installation, Intercom, Wall-mounted heat pump