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$1,175,000
ULS: 19380299

5-6-7-Plex for sale - Chambly

612 - 616 Rue St-René, Chambly
This detached 5-plex represents a rare opportunity to acquire a well-maintained building in a prime location, offering both attractive profitability and potential for future enhancement. Don't miss this chance to invest in a quality property that promises attractive returns and simplified management.

Property features

3 Bedrooms
1 Bathroom

ALEXANDRE ST-PIERRE

Residential and Commercial Real Estate Broker

RE/MAX EVOLUTION

Discover this rare opportunity to invest in a detached 5-plex, offering an ideal combination of quality, profitability and strategic location. This building stands out for its impeccable condition and rigorous maintenance, guaranteeing a solid and reliable investment.

Privileged location: Ideally situated in a sought-after neighborhood, this building benefits from immediate proximity to all essential services, a variety of shops and quick access to the freeway. This strategic location ensures consistent rental ease and lasting tenant appeal.

Property Features: This 5-plex comprises five well-designed residential units

3 units of 5 1/2 rooms: currently rented, these spacious apartments offer optimal comfort and are highly sought-after by tenants. ( central vacuum)

1 3 1/2-room unit: ideal for couples ( stove included)

1 2 1/2-room unit: perfect for tenants looking for a more compact but functional space. ( microwave oven, stove, refrigerator, washer-dryer)

The annual income generated by this building is $76,572, attesting to its high profitability. The units are easy to rent thanks to their quality and recent improvements.

Improvements and maintenance: The building has benefited from several recent renovations, including :

Fully renovated kitchens and bathrooms for modern, attractive comfort.

Roof: Part of the roof was redone in 2022, ensuring lasting protection against the elements.

Caulking: The caulking was redone in 2024, ensuring greater energy efficiency.

Amenities :

Parking: Each tenant has a reserved parking space, increasing the attractiveness of the units.

Exterior storage: Each unit also benefits from practical exterior storage space.

Charges and profitability: Electricity and heating costs are paid by the tenants, simplifying the management of charges for the owner.


Viewing of unit 616 possible, and viewing of other units upon acceptance of a promise to purchase.
Dimensions 27' 3" X 78' 5" irr.
Year constructed 1960
Windows PVC
Window Type Guillotine
Roofing Asphalt shingles
Kitchen Cabinets Melamine
Lot size 64' 7" X 123' 1" irr.
Lot area 629.10 m²
Topography Flat
Driveway Asphalt
Proximity CEGEP, Daycare centre, Hospital, Park, Elementary school, High school, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Central vacuum cleaner system installation
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 130,900
Building assessment
$ 612,400
Total
$ 743,300

Taxes

Municipal (2024)
$ 6,051
School (2024)
$ 588
Total
$ 6,639

Annual expenses

Insurance
$ 1,586
Snow removal
$ 561
Total
$ 2,147

Gross annual revenues (potential)

Residential
$ 76,572
Total
$ 76,572

Inclusions

1) Panels already installed in walk-in closet of 3rd-floor master bedroom. 2) microwave oven in 614A 3) microwave ovens, stove, refrigerator, washer-dryer for 614B studio.

Exclusions

tenants' personal belongings

Desjardins

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