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ULS: 19356642

8-15-Plex for sale
1733 Av. St-Marc, Shawinigan (Shawinigan)

Eight-unit building in Shawinigan. The building currently generates $45,816 in gross annual income. It is composed of 4½ units which are all rented unheated and not illuminated. Well maintained over the years, this building does not require any major investment in the short term. Current rents are all below market rental value, offering a good medium-term opportunity for the next buyer. A great addition to your real estate portfolio!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

2 Bedrooms
1 Bathroom

JIMMY LEMAY

Residential and Commercial Real Estate Broker

RE/MAX DE FRANCHEVILLE INC.

Dimensions 48' 2" X 31' irr.
Year constructed 1957
Windows Wood, PVC
Window Type Sliding
Siding Brick
Roofing Elastomeric membrane
Lot size 55' X 85'
Lot area 434.30 m²
Topography Flat
Proximity CEGEP, Daycare centre, Park, Highway, High school, Public transportation, Elementary school
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 20,000
Building assessment
$ 227,300
Total
$ 247,300

Taxes

Municipal (2024)
$ 9,681
School (2024)
$ 220
Total
$ 9,901

Annual expenses

Insurance
$ 4,519
Snow removal
$ 662
Total
$ 5,181

Energy expenses

Electricity
$ 1,436
Total
$ 1,436

Gross annual revenues (potential)

Residential
$ 45,816
Total
$ 45,816

Exclusions

Property and personal effects of tenants and sellers.

Desjardins

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