$595,000
New
ULS: 18278382
Duplex
for sale
827 - 829 Boul. d'Iberville, Saint-Jean-sur-Richelieu (Iberville)
This duplex located at **827-829 Boulevard d'Iberville, Saint-Jean-sur-Richelieu** offers an excellent investment opportunity with an annual gross income of **$45,900**. It includes **3 residential units** and **4 garages for rent**, generating stable income. The property is well-situated, close to shops, schools, and public transportation, and offers good management potential with diversified income streams. This property is ideal for investors looking for solid returns and simplified management.
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
2
Bedrooms
1
Bathroom
JEAN-FRANCOIS FERLAND
Real Estate Broker
RE/MAX PLATINE
OLIVIER TETREAULT
Residential and Commercial Real Estate Broker
RE/MAX PLATINE
ÉRIC BEAUGRAND
Residential and Commercial Real Estate Broker
RE/MAX PLATINE
Addendum
Duplex with Income in Saint-Jean-sur-Richelieu -- Investment Opportunity
Located at 827-829 Boulevard d'Iberville, Saint-Jean-sur-Richelieu, Quebec, this duplex presents an excellent opportunity for investors looking for a property that generates stable income.
The building consists of 3 residential units and 4 garage spaces at the rear, currently rented, generating an annual gross income of $45,900.
Property Details:
3 Residential Units: The building features three apartments of varying sizes, each with its own living space, kitchen, and bathroom.
4 Garages for Rent: At the rear of the building, the 4 garage spaces provide additional income, with tenants currently in place.
Annual Gross Income of $45,900: This property generates stable rental income from its three residential units and four garage spaces.
Key Highlights:
Strong Rental Yield: With an annual gross income of $45,900, this property offers a solid return for investors seeking a reliable income stream.
Convenient Location: The duplex is well-situated on Boulevard d'Iberville, close to shops, schools, and public transportation.
Simplified Management Potential: With diversified income from both the apartments and garages, managing this property can be relatively straightforward.
This duplex represents a great opportunity to add an income-generating property to your real estate portfolio. If you're looking for an investment with strong rental potential, contact us for more information or to schedule a viewing.
Located at 827-829 Boulevard d'Iberville, Saint-Jean-sur-Richelieu, Quebec, this duplex presents an excellent opportunity for investors looking for a property that generates stable income.
The building consists of 3 residential units and 4 garage spaces at the rear, currently rented, generating an annual gross income of $45,900.
Property Details:
3 Residential Units: The building features three apartments of varying sizes, each with its own living space, kitchen, and bathroom.
4 Garages for Rent: At the rear of the building, the 4 garage spaces provide additional income, with tenants currently in place.
Annual Gross Income of $45,900: This property generates stable rental income from its three residential units and four garage spaces.
Key Highlights:
Strong Rental Yield: With an annual gross income of $45,900, this property offers a solid return for investors seeking a reliable income stream.
Convenient Location: The duplex is well-situated on Boulevard d'Iberville, close to shops, schools, and public transportation.
Simplified Management Potential: With diversified income from both the apartments and garages, managing this property can be relatively straightforward.
This duplex represents a great opportunity to add an income-generating property to your real estate portfolio. If you're looking for an investment with strong rental potential, contact us for more information or to schedule a viewing.
Building details and property interior
Dimensions
39' 6" X 26' 6"
Year constructed
1947
Windows
PVC
Garage
Detached
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
51' X 131' 6"
Lot area
612.80 ft²
Driveway
Asphalt
Parking (total)
Garage (4), Driveway (4)
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Highway, CEGEP
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 149,700
- Building assessment
- $ 200,800
- Total
- $ 350,500
Taxes
- Municipal (2024)
- $ 3,091
- School (2024)
- $ 210
- Total
- $ 3,301
Gross annual revenues (potential)
- Residential
- $ 33,900
- Parking
- $ 12,000
- Total
- $ 45,900
Inclusions and exclusions
Inclusions
Building, land, current leases, garage doors in the back of the building.
Exclusions
Personal effects of tenants and owner.
Mortgage payment calculator
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