Property Information:
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.
Building Features:
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Basement:
Unfinished
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Driveway:
Unpaved
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Foundation:
Granite
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Garage:
Detached
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Parking:
Carport, Garage
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Roofing:
Asphalt shingles, Sheet metal
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Size:
78.5 x 54.5 Feet
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Windows:
PVC
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Heating System:
Electric baseboard units
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Heating Energy:
Electricity
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Water Supply:
Municipality
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Sewage System:
Municipality