High-potential six-unit building, excellent investment! Discover this six-unit building offering an exceptional opportunity for stable income. Owner-occupancy possible. Building with a potential gross rental yield of 10.3 times revenue ($80,100 gross per year). *Currently undergoing rezoning to residential.* Please contact us for more details.
35'60" X 50'40" Irregular
Unknown
Poured concrete , Concrete blocks
Sheet metal
High-Potential Six-Unit Building - Excellent Investment!
Discover this six-unit building offering an exceptional opportunity for stable income. Owner-occupancy possible.
Building with a potential gross rental yield of 10.3 times rental income.
Currently rented apartments:
#2 (loft): $1,000/month
#3 (loft): $875/month
#4 (loft): $1,000/month
#5 (3 1/2): $1,000/month
Modifications to be made to the following apartments:
#1: This involves combining loft #1 with rooms #7 and #8 to create a large 3 1/2 with a toilet and sink in each room. Rental potential of $1,300/month.
#6: This involves enlarging the bathroom to add a shower, creating a large loft. Rental potential of $1,500/month.
Total monthly income after renovations: $6,675/month or $80,100/year.
Owner's responsibility: Hydro-Québec (water), snow removal, internet, TV, telephone.
Advantages:
- Access to the public beach
- Variety of units, perfect for attracting different types of tenants
- Potential for rent optimization and future income growth
- Well-located and easy-to-manage building offering excellent cash flow
Area:
- Access to the public beach (Lac Ménard)
- Abundant natural environment: a preserved setting, one of the municipality's main attractions, both for vacationing and permanent living.
- Abundant forests, lakes and bodies of water (Lac Sarrazin, Lac Amico) ideal for swimming, kayaking, fishing, etc.
- Mount Kaaikop: Hiking trails
- Less than 15 minutes from Sainte-Agathe and all its amenities
Don't miss this opportunity to own a profitable property, combining stability and growth potential in today's real estate market.
*Currently undergoing rezoning to residential.*
**Please contact us for more details.**
35'60" X 50'40" Irregular
Unknown
Poured concrete , Concrete blocks
Sheet metal
111'2" X 105'10" Irregular
11,982.39 SF
Municipality
Municipality
All assets included in the leases
Tenants' belongings, all belongings excluded from the leases, but negotiable
My name is NICOLAS GUENARD INC., RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX PLATINE | 3 rue St-Pierre, Saint-Constant, Québec, J5A 2E1
RE/MAX PLATINE | 3 rue St-Pierre, Saint-Constant, Québec, J5A 2E1
Hello, my name is NICOLAS GUENARD INC., real estate broker. Contact me for more information.
Hello, my name is MICHEL BEAULAC, real estate broker. Contact me for more information.
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