$319,000
New
ULS: 15113546
Quadruplex
for sale
1602 - 1606 Rue Frigon, Shawinigan (Shawinigan)
Excellent investment opportunity in Shawinigan! Well-maintained building featuring 3 residential units and 1 commercial space, all leased until June 2027. Potential gross annual revenue of $27,960. Ideally located on a corner lot, close to Plaza and all essential services. The units offer functional living spaces, plenty of natural light and large terraces for select apartments. Several improvements completed in 2025, including flooring upgrades. A versatile property offering a great combination of stable residential and commercial rental income!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
Excellent investment opportunity in Shawinigan! This well-maintained building, situated on a corner lot in a desirable neighbourhood, close to Plaza and all essential services, offers a combination of three residential units and one commercial space. All units are leased until June 2027, providing stable rental income. Potential gross annual revenue amounts to $27,960.
On the ground floor, you will find a 270 sq. ft. commercial space occupied by a hair salon, featuring its own powder room and generating $500 per month in rental income. Also on the ground floor is unit 1606, a 3 ½ offering a good-sized bedroom, an open-concept living area combining the kitchen, dining room and living room, a bathroom, a laundry room and a large terrace. This unit is rented for $500 per month.
Upstairs, unit 1604 occupies the entire footprint of the building. This spacious 4 ½ features two bedrooms, a very large family room, a kitchen with dining area, a cold room and a large bathroom with an integrated laundry area. Its open layout, abundant natural light and unique character create a warm and inviting atmosphere. The unit also benefits from a large terrace and one garage parking space. It is rented for $780 per month.
Finally, unit 2513 on Coutu Street is a 2 ½ featuring one bedroom, a bathroom and an open-concept area combining the kitchen, dining area and living room. It is rented for $550 per month.
The commercial space has its own hot water tank. Units 1604 and 2513 Coutu Street share a hot water tank. The tenant of unit 1604 pays the hot water expenses and receives an annual reimbursement of $400 from the owner. Unit 1606 has its own hot water tank.
Several improvements have been made, including the replacement of the commercial space's ceramic flooring in 2025, as well as the replacement of the carpet with vinyl flooring in unit 2513 Coutu Street.
A versatile property offering an attractive combination of residential and commercial rental income in a convenient location close to all amenities!
On the ground floor, you will find a 270 sq. ft. commercial space occupied by a hair salon, featuring its own powder room and generating $500 per month in rental income. Also on the ground floor is unit 1606, a 3 ½ offering a good-sized bedroom, an open-concept living area combining the kitchen, dining room and living room, a bathroom, a laundry room and a large terrace. This unit is rented for $500 per month.
Upstairs, unit 1604 occupies the entire footprint of the building. This spacious 4 ½ features two bedrooms, a very large family room, a kitchen with dining area, a cold room and a large bathroom with an integrated laundry area. Its open layout, abundant natural light and unique character create a warm and inviting atmosphere. The unit also benefits from a large terrace and one garage parking space. It is rented for $780 per month.
Finally, unit 2513 on Coutu Street is a 2 ½ featuring one bedroom, a bathroom and an open-concept area combining the kitchen, dining area and living room. It is rented for $550 per month.
The commercial space has its own hot water tank. Units 1604 and 2513 Coutu Street share a hot water tank. The tenant of unit 1604 pays the hot water expenses and receives an annual reimbursement of $400 from the owner. Unit 1606 has its own hot water tank.
Several improvements have been made, including the replacement of the commercial space's ceramic flooring in 2025, as well as the replacement of the carpet with vinyl flooring in unit 2513 Coutu Street.
A versatile property offering an attractive combination of residential and commercial rental income in a convenient location close to all amenities!
Building details and property interior
Year constructed
1945
Roofing
Elastomeric membrane
Garage
Single width
Lot and exterior features
Lot area
557.40 m²
Parking (total)
Garage (1)
Proximity
Daycare centre, Park, Bicycle path, Highway, High school, Public transportation, Elementary school
Room details
Unit 1 (Monthly residential revenue)
Family room
Level:
2nd level
Dimensions:
22'1" X 14'8"
Flooring:
Details:
Kitchen
Level:
2nd level
Dimensions:
19'9" X 12'3"
Flooring:
Details:
Dining room
Level:
2nd level
Dimensions:
14' X 6'9"
Flooring:
Details:
Primary bedroom
Level:
2nd level
Dimensions:
12'5" X 14'9"
Flooring:
Details:
Bedroom
Level:
2nd level
Dimensions:
8'9" X 10'9"
Flooring:
Details:
Bathroom
Level:
2nd level
Dimensions:
10'11" X 15'8"
Flooring:
Details:
Laundry room
Level:
2nd level
Dimensions:
6'0" X 3'1"
Flooring:
Details:
Unit 2 (Monthly residential revenue)
Dining room
Level:
1st level/Ground floor
Dimensions:
8'6" X 13'3"
Flooring:
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
19'4" X 12'7"
Flooring:
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
13'5" X 13'3"
Flooring:
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
9'10" X 6'3"
Flooring:
Details:
Laundry room
Level:
1st level/Ground floor
Dimensions:
6'4" X 2'5"
Flooring:
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
13'3" X 9'6"
Flooring:
Details:
Unit 3 (Monthly residential revenue)
Rooms not detailed
Unit 4 (Commercial)
Rooms not detailed
Characteristics
Heating Energy
Electricity
Property or unit amenity
Other, Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 27,300
- Building assessment
- $ 298,000
- Total
- $ 325,300
Taxes
- Municipal (2026)
- $ 7,209
- School (2026)
- $ 196
- Total
- $ 7,405
Gross annual revenues (potential)
- Residential
- $ 21,960
- Commercial
- $ 6,000
- Total
- $ 27,960
Inclusions and exclusions
Inclusions
Dishwasher from apartment 1604, 3 wall-mounted heat pumps, shed, refrigerator, and stove from apartment 2513 Coutu.
Exclusions
Tenants' personal belongings.
Mortgage payment calculator
$
$
$
%
This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.