$649,000

18 - 24 Rue Principale , Stanstead - Ville, QC J0B1E0

Remarks

Discover this investment opportunity, located in the heart of Stanstead, in a fast-growing sector. This 7plex comprises four 3 ½ and three 4 ½ units, offering revenues of $56,882 per year, ensuring immediate profitability. In addition, 4 garage spaces are available for rent, providing a second source of stable income. The private 16,011 sq. ft. lot ensures tranquility and space, ideal for tenants. This property represents a good investment with a favorable cost-per-unit ratio.

Income is broken down as follows:
18A: 3 ½ - $ 650/month, heating and electricity included;
18B: 3 ½ - $ 730/month, heat and electricity included;
18C: 3 ½ - $ 580/month, heat and electricity included;
18D: 4 ½ - $ 740/month, heat and electricity included;
20: 4 ½ - $ 700/month, heat and electricity included;
22: 4 ½ - $ 665/month, heat and electricity included;
24: 3 ½ - $ 675/month, heating and electricity included;
Garages: 4x $ 150/month.

Sale without legal warranty of quality. At buyer's risk.

Electricity consumption estimated for one year (taxes included) by Hydro-Quebec.

Inclusions:

According to the lease.

Exclusions:

According to the lease.

Property Summary

Lot Assessment: $26,200.00
Building Assessment: $137,100.00
Total Assessment: $163,300.00
Assessment Year: 2024
Municipal Tax: $6,153.00
School Tax: $103.00
Annual Tax Amount: $6,256.00 (2024)
Lot Frontage: 115.5 Feet
Lot Depth: 143.9 Feet
Lot Size: 16011.3 Square Feet
Building Width: 78.5 Feet
Building Depth: 54.5 Feet
No. of Parking Spaces: 4
Built in: 1920
Bedrooms: 1
Bathrooms (Total): 1
Zoning: COMM, RESI

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Jean-Francois Bérubé

Courtier immobilier agréé DA

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Toll Free: 888.820.8363

Tristan Savard

Courtier immobilier résidentiel et commercial

Phone: 819.820.8363

Cell: 438.867.0322

Home Fax: 819.565.3003

Dominique Massicotte

Courtier immobilier résidentiel et commercial

Dominique Massicotte Courtier immobilier inc.

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

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18 - 24 Rue Principale ,
Stanstead - Ville, QC J0B1E0

$649,000