$699,000
New
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.
Addendum
Discover 221 Bell (Units 1 to 4) Cowansville
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!
Visits will begin on October 15, 2024 and offer will be treated from October 18..
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!
Visits will begin on October 15, 2024 and offer will be treated from October 18..
Building details and property interior
Year constructed
1966
Windows
Wood, Aluminum
Window Type
Sliding
Siding
Brick
Roofing
Elastomeric membrane
Basement
Unfinished, Other, 6 feet and more
Lot and exterior features
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
Characteristics
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 and exclusions
Inclusions
According to the leases.
Exclusions
Personal belongings of tenants.
Mortgage payment calculator
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