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Quadruplex for sale - Lacolle (Lacolle)

70A - 70E Rue de l'Église S., Lacolle (Lacolle)
Welcome to 70A-70E rue de l'Église S., Lacolle ! *MAJOR RENOVATIONS SINCE 2020* Four-unit building completely renovated, along with a detached 22x26 garage, located near all services. The building includes three 4 1/2 units (above ground) and one 5 1/2 unit (basement). Respectful and stable tenants in place. Current income of $49,800 (assigning a value of $400/month to the garage - which can be available to the buyer), resulting in an asking price to gross income ratio of 15.44X. Almost entirely redone since 2020 (see addendum for the list of completed works). *** Excellent investment *** Contact us for details!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
1 Bathroom

SAMUEL SICOTTE

Residential Real Estate Broker

RE/MAX EVOLUTION

ROBERT SICOTTE

Certified real estate broker

RE/MAX EVOLUTION

*** WORK / IMPROVEMENTS ***

- Exterior siding of the building
- Complete renovation of all 4 units (kitchen, bathroom, flooring, lighting fixtures, drywall, paint, etc.)
- Exterior fiberglass balconies (+/- 2023)
- Addition of storage spaces for tenants (+/- 2022)
- Roof
- All doors and windows
- Cellulose insulation between floors + resilient channel + two layers of 5/8" drywall (fire-rated)
- Cellulose attic insulation
- And more
- Building almost completely refurbished!

N/B: Some photos are from the CPTAQ and may not represent the current situation of the property; a site visit is recommended.
Dimensions 73' 2" X 29' 6" irr.
Year constructed 1950
Windows PVC
Window Type Sliding, Casement
Siding Concrete stone, Vinyl
Roofing Asphalt shingles
Garage Detached, Double width or more, Heated
Kitchen Cabinets Melamine
Bathroom Other
Basement Outdoor entrance, Finished basement, Other, 6 feet and more
Lot size 177' 3" X 60' 4"
Lot area 845.20 m²
Topography Flat
Distinctive Features Street corner
Driveway Asphalt, Double width or more
Parking (total) Garage (2), Driveway (8)
Proximity Bicycle path, Daycare centre, Other, Elementary school, Park

Unit 1 (Monthly residential revenue)

Kitchen
Level: Basement 1
Dimensions: 10' X 8'5" irr.
Flooring: Laminate floor
Details:
Dining room
Level: Basement 1
Dimensions: 12'3" X 8'3"
Flooring: Laminate floor
Details:
Living room
Level: Basement 1
Dimensions: 28'1" X 17'1" irr.
Flooring: Laminate floor
Details:
Bathroom
Level: Basement 1
Dimensions: 12'6" X 8'
Flooring: Ceramic
Details:
Bedroom
Level: Basement 1
Dimensions: 12'9" X 10'
Flooring: Laminate floor
Details:
Bedroom
Level: Basement 1
Dimensions: 12' X 8'10"
Flooring: Laminate floor
Details:
Bedroom
Level: Basement 1
Dimensions: 9' X 8'10"
Flooring: Laminate floor
Details:
Storage
Level: Basement 1
Dimensions: 18'1" X 4'
Flooring: Concrete
Details:

Unit 2 (Monthly residential revenue)

Kitchen
Level: 1st level/Ground floor
Dimensions: 12'6" X 9'5"
Flooring: Laminate floor
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 18'8" X 12'6"
Flooring: Laminate floor
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 7'7" X 6'
Flooring: Ceramic
Details:
Laundry room
Level: 1st level/Ground floor
Dimensions: 5' X 3'
Flooring: Laminate floor
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 10'7" X 10'
Flooring: Laminate floor
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 12'10" X 12'
Flooring: Laminate floor
Details:

Unit 3 (Monthly residential revenue)

Kitchen
Level: 2nd level
Dimensions: 12'7" X 11'10"
Flooring: Laminate floor
Details:
Living room
Level: 2nd level
Dimensions: 12'7" X 11'6"
Flooring: Laminate floor
Details:
Bathroom
Level: 2nd level
Dimensions: 7'10" X 7'5"
Flooring: Ceramic
Details:
Laundry room
Level: 2nd level
Dimensions: 5'1" X 3'6"
Flooring: Laminate floor
Details:
Bedroom
Level: 2nd level
Dimensions: 13'1" X 13'
Flooring: Laminate floor
Details:
Bedroom
Level: 2nd level
Dimensions: 12'3" X 12'
Flooring: Laminate floor
Details:

Unit 4 (Monthly residential revenue)

Kitchen
Level: 1st level/Ground floor
Dimensions: 12'6" X 10'4"
Flooring: Laminate floor
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 12'6" X 11'
Flooring: Laminate floor
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 12'6" X 12'
Flooring: Laminate floor
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 16'9" X 9'1"
Flooring: Ceramic
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 13' X 10'8"
Flooring: Laminate floor
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 11'6" X 10'
Flooring: Laminate floor
Details:

Unit 5 (Parking/Garages)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 50,700
Building assessment
$ 303,700
Total
$ 354,400

Taxes

Municipal (2024)
$ 5,588
School (2024)
$ 284
Total
$ 5,872

Gross annual revenues (potential)

Residential
$ 45,000
Parking
$ 4,800
Total
$ 49,800

Inclusions

Light fixtures, stove hood, shed.

Exclusions

Tenants' personal effects.

Desjardins

Mortgage payment calculator

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