$799,900
ULS: 28552495
Quadruplex for sale - Sainte-Anne-des-Plaines
172A - 176 Rue Groulx, Sainte-Anne-des-Plaines
Building for investors with potential for increasing revenue. Currently, the 4 apartments generate a total of $47,340 annually. The building is in good condition with no significant history and has benefited from continuous maintenance and supervision for at least the past twenty years.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area
195.10 m²
Property features
3
Bedrooms
1
Bathroom
KEVEN HERNANDEZ
Real Estate Broker
RE/MAX D'ICI
MARIE-EVE MARCOTTE
Residential Real Estate Broker
RE/MAX D'ICI
Addendum
According to our discussions with the owner, the property has several avenues for increasing revenue:
Discussions with the city have begun to subdivide the land to build a triplex. These discussions were favorable. It will be the buyer's responsibility to confirm feasibility.
On the right side, there is a garage. It is currently used by the owner. You could derive income from it either by renting it out completely or by subdividing it into storage spaces for your tenants.
One of the apartments hasn't had much of a rent increase over the years. There would be room for increase in the future.
Here are the details for each apartment, from the point of view that you are facing the building:
174 Rue Groulx
Located on the 2nd floor
Five and a half rented at $825 per month
Same tenant for about 8 years
Apartment in good condition
Two parking spaces
172 Rue Groulx
1st floor
Five and a half rented at $1320 per month, including Hydro
Same tenant for about 5 years
Apartment in okay condition; maintenance and aesthetic work to be expected
Two parking spaces
172 A Rue Groulx
Bottom left
One and a half rented at $850 per month, including Hydro
Newly rented
Two parking spaces
Stove and refrigerator included
176 Rue Groulx
Bottom left
Three and a half rented at $950 per month, including Hydro
Newly rented
Two parking spaces
Stove and refrigerator included
At the back on the right side is the garage. It measures 15 X 22, is not insulated, but has electricity.
Additional information:
Note that in the leases, snow removal is the tenants' responsibility, and in three apartments, Hydro-Québec is the landlord's responsibility.
Electric baseboard and water pipe heating
2 hot water tanks for all 4 apartments
Each apartment has its own washer-dryer connection
Discussions with the city have begun to subdivide the land to build a triplex. These discussions were favorable. It will be the buyer's responsibility to confirm feasibility.
On the right side, there is a garage. It is currently used by the owner. You could derive income from it either by renting it out completely or by subdividing it into storage spaces for your tenants.
One of the apartments hasn't had much of a rent increase over the years. There would be room for increase in the future.
Here are the details for each apartment, from the point of view that you are facing the building:
174 Rue Groulx
Located on the 2nd floor
Five and a half rented at $825 per month
Same tenant for about 8 years
Apartment in good condition
Two parking spaces
172 Rue Groulx
1st floor
Five and a half rented at $1320 per month, including Hydro
Same tenant for about 5 years
Apartment in okay condition; maintenance and aesthetic work to be expected
Two parking spaces
172 A Rue Groulx
Bottom left
One and a half rented at $850 per month, including Hydro
Newly rented
Two parking spaces
Stove and refrigerator included
176 Rue Groulx
Bottom left
Three and a half rented at $950 per month, including Hydro
Newly rented
Two parking spaces
Stove and refrigerator included
At the back on the right side is the garage. It measures 15 X 22, is not insulated, but has electricity.
Additional information:
Note that in the leases, snow removal is the tenants' responsibility, and in three apartments, Hydro-Québec is the landlord's responsibility.
Electric baseboard and water pipe heating
2 hot water tanks for all 4 apartments
Each apartment has its own washer-dryer connection
Building details and property interior
Dimensions
29' 1" X 36' 1"
Year constructed
1967
Living area
195.10 m²
Windows
Aluminum, PVC
Window Type
Sliding
Siding
Brick
Roofing
Asphalt and gravel
Garage
Single width, Électricité, Detached
Kitchen Cabinets
Wood
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot size
100' X 100'
Lot area
932.30 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Garage (1), Driveway (8)
Proximity
Elementary school, High school, Public transportation, Park, Daycare centre, Bicycle path
Characteristics
Heating System
Hot water, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 161,500
- Building assessment
- $ 219,300
- Total
- $ 380,800
Taxes
- Municipal (2024)
- $ 6,410
- School (2024)
- $ 325
- Total
- $ 6,735
Annual expenses
- Insurance
- $ 1,729
- Snow removal
- $ 905
- Total
- $ 2,634
Gross annual revenues (potential)
- Residential
- $ 47,340
- Total
- $ 47,340
Inclusions and exclusions
Inclusions
172A - Poêle et réfrigérateur. 176 - Poêle et réfrigérateur.
Mortgage payment calculator
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