Residential Building for Sale - For Sale

Listing number 8796
ID N/A
Price $945,000.00/ -
Rooms 0
Type Office building
Category N/A
Lot size 0.00ft2
Year Built -
Footage 0.00ft2
Floors / Stories 0
Parking -
Is it a sublease? No

Description

Highlights

Located in a highly sought-after area of Vieux-Longueuil, this charming and well-maintained fiveplex represents an excellent investment opportunity.
Within walking distance to Saint-Charles Street, local shops, schools, parks, and public transportation, the location is ideal for attracting and retaining quality tenants.
This property is perfect for either investors or owner-occupiers. It offers excellent appreciation potential by combining a strategic location, stable tenancy, and strong rental income.

5 residential units

Stable rental income

Regular maintenance and renovations over the years

Parking spaces available at the back

1045A (minor renovations)

1047 (minor renovations)

Quiet and sought-after neighborhood

Quick access to Longueuil Metro and Jacques Cartier Bridge

Vibrant area with cafés, restaurants, schools, parks, and more.

 

Price: $945,000

Potential Gross Income (March 25, 2025): $49,464
Parking/Garages: $3,480
Effective Gross Income: $52,944

Expenses (2024):

Municipal Taxes: $4,917

School Taxes: $485

Energy (Electricity): $3,130

Total Expenses: $10,720

Net Operating Income: $42,224

Insurance: $2,188