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$699,000
ULS: 14965220

Quadruplex for sale - Cowansville

221 Rue Bell, Cowansville
Superb quadruplex with an exceptional location in Cowansville. Located in a peaceful and homogeneous neighborhood, this beautiful income property offers an ideal opportunity for investors or owner-occupants. The building consists of two 4 ½ and two 5 ½ units, each with its own private entrance and a rear balcony. Generating an annual gross income of $49,560, it provides an excellent return on investment. The basement includes additional storage spaces, and the beautifully landscaped lot creates a pleasant environment for residents. Furthermore, the property is within walking distance of all essential services. A rare opportunity !
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
1 Bathroom

KATHERINE GAUCHER

Residential Real Estate Broker

RE/MAX PROFESSIONNEL INC.

JONATHAN CHOINIERE

Real Estate Broker

RE/MAX PROFESSIONNEL INC.

Discover 221 Bell (Units 1 to 4) Cowansville

A 5 1/2 is vacant and available for an owner occupant.

The Building:

Impeccable property, meticulously maintained by a single owner

This building, owned by the same person since its construction, has been maintained with the utmost care and in accordance with the highest standards. It consists of two spacious 4 ½ and two 5 ½ units, each featuring large, bright rooms that offer optimal comfort for tenants. A shared entrance connects the units, while preserving their independence with a private rear exit leading to a balcony for each.

The partially finished basement includes dedicated storage spaces for each unit, providing practical areas for occupants. Additionally, an unfinished section is available for various needs, whether to create a workshop, additional storage, or to suit your own projects.

This property is a true opportunity, combining quality construction and potential customization to meet your needs.

The Grounds:

An exceptional living environment, green and practical

The beautifully landscaped grounds, bordered by mature hedges, offer residents a peaceful and private environment. This outdoor layout creates a green space where one can relax and enjoy nature. Each unit also has its own parking space, ensuring practicality and comfort for the residents.

This balance between natural beauty and functionality makes the property even more appealing, both for tenants and owners. A place where living is easy, blending charm with convenience.

The Location:

In the heart of the Eastern Townships, less than an hour from both Montreal and Sherbrooke, lies a strategic location close to sought-after destinations such as Bromont, Magog, Lac-Brome, and less than 30 minutes from the U.S. border.

This region is filled with culinary, sporting, and cultural attractions. From skiing, golfing, the wine route, cultural centers, spas, and numerous hiking trails offering breathtaking views of mountains, ecological and navigable lakes, renowned restaurants, equestrian centers, local markets, and so much more to explore, there is something for everyone!
Year constructed 1966
Windows Wood, Aluminum
Window Type Sliding
Siding Brick
Roofing Elastomeric membrane
Basement Unfinished, Other, 6 feet and more
Lot size 100' X
Lot area 9,000 ft²
Topography Flat
Driveway Asphalt
Parking (total) Driveway (6)
Proximity Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre, Other
Heating System Hot water, Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 175,600
Building assessment
$ 400,300
Total
$ 575,900

Taxes

Municipal (2024)
$ 5,677
School (2024)
$ 392
Total
$ 6,069

Annual expenses

Insurance
$ 2,158
Snow removal
$ 500
Total
$ 2,658

Energy expenses

Electricity
$ 3,708
Total
$ 3,708

Gross annual revenues (potential)

Residential
$ 49,560
Other
$ 336
Total
$ 49,896

Inclusions

According to the leases.

Exclusions

Personal belongings of tenants.

Desjardins

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