Photo Main Photo of the property
$599,000
New
ULS: 18049720

8-15-Plex for sale
110 - 120 7e Avenue, Shawinigan (Grand-Mère)

Have the DV and MO 27070 signed with the purchase offer.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 475.30 m²

CATERINA BALLARO

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

GUY CATY

Real Estate Broker

RE/MAX PRO-COMMERCIAL

MICHEL CORETTI

Real Estate Broker

RE/MAX PRO-COMMERCIAL

Exceptional real estate investment: Renovated building with 4 units of 5 ½ rooms and 5 studios for sale, currently rented as rooms, apartments, and studios. (See MO 27070)

The roof and front balcony were redone in 2024, while the rear balcony was renovated in 2022 (approx.).

Seize the opportunity to acquire this recently renovated building, featuring 4 spacious 5 ½ units and 5 modern studios. Major renovations have been carried out, including a new roof, renovated porches and stairs, as well as the construction of 5 new studios, significantly enhancing the building's rental potential.

Ideally located, this building enjoys a convenient location, with a somewhat walkable score, allowing tenants to run errands on foot while enjoying a pleasant living environment.

The renovations ensure modern, comfortable living spaces, offering a strong investment opportunity with solid rental income potential.

Don't miss out on this unique chance to acquire a turnkey property, fully renovated and ready to generate income immediately!

Contact us for more information or to schedule a viewing.
Dimensions 40' 5" X 42' 6"
Year constructed 1910
Living area 475.30 m²
Windows Aluminum
Window Type Sliding
Siding Brick
Roofing Asphalt shingles
Kitchen Cabinets Melamine
Lot size 54' X 226' 6" irr.
Lot area 921.30 m²
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2020)

Lot assessment
$ 18,700
Building assessment
$ 175,200
Total
$ 193,900

Taxes

Municipal (2024)
$ 9,575
School (2025)
$ 155
Total
$ 9,730

Annual expenses

Insurance
$ 3,787
Cable (TV)
$ 6,021
Total
$ 9,808

Energy expenses

Electricity
$ 10,465
Total
$ 10,465

Gross annual revenues (potential)

Residential
$ 64,080
Total
$ 64,080
Desjardins

Mortgage payment calculator

$
$
$
%

What you need to know about real estate