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$659,000
ULS: 20902515

Quadruplex for sale - Saint-Jérôme (Saint-Jérôme)

108 - 114 Rue de l'Érablière, Saint-Jérôme (Saint-Jérôme)
Beautiful 4 Plex entirely bricked on all 4 sides, for owner occupant or investors. Annual gross income of $31,380, great potential rent increase. Possibility of taking over housing for July 1, 2025. The building has a 2 1/2, two 3 1/2, and a 7 1/2 with 4 bedrooms and a detached garage, ideal for owner-occupant. The basement also has 4 storage areas for the 4 apartments and 2 additional areas with full bathrooms that were previously housed 2 additional apartments. Located at a corner on a quiet street facing a river.
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

1 Bedroom
1 Bathroom

FELICE TERRIACA

Residential Real Estate Broker

RE/MAX INFINITÉ

This entirely brick quadruplex offers you the possibility of resuming accommodation for July 1st 2025.
Apartment #108, which has one bedroom, one bathroom and parking, is currently rented at $550/month.
Apartment #110 has 4 bedrooms, a bathroom, a laundry room, a wood fireplace, 2 parking spaces in addition a garage and is currently rented for $1085/month.
Apartment #112 has one bedroom, one bathroom, parking and is currently rented at $530/month.
Studio style apartment #114 is rented for $450/month with parking included.
The building has a 2 1/2, two 3 1/2, and a 7 1/2. Rents are currently low, but the building has great potential for increased income.

The property also has a basement with many options.

The building is located 10 minutes walk from the city center, you will have access to all services, schools, parks, CEGEP, university, public transport, commuter train and hospital.

Improvements made over the years:
2018 Replacement of the roof and ridge around the building.
2017 Replacement of the floor in apartment #110
2012 & 2014 Front doors and front windows replaced.
Dimensions 54' 5" X 42' irr.
Year constructed 1953
Windows Aluminum, Wood
Window Type Sliding
Siding Brick
Roofing Asphalt and gravel, Cedar shingles
Garage Detached
Kitchen Cabinets Melamine, Wood
Basement Low (less than 6 feet), Outdoor entrance
Lot size 232' 9" X 328' 1" irr.
Lot area 6,084 ft²
Water (access) Waterfront (FLEUVE)
View View of the water
Distinctive Features Street corner
Driveway Asphalt
Parking (total) Garage (1), Driveway (5)
Proximity Park, Bicycle path, Elementary school, Commuter train, Public transportation, CEGEP, Highway, Hospital
Heating System Electric baseboard units
Heating Energy Electricity
Fireplace-Stove Wood fireplace
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 131,900
Building assessment
$ 329,400
Total
$ 461,300

Taxes

Municipal (2024)
$ 4,967
School (2024)
$ 351
Total
$ 5,318

Gross annual revenues (potential)

Residential
$ 31,380
Total
$ 31,380

Exclusions

Tenants personal belongings

Desjardins

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