4-plex in the Valleyfield area close to all services. **Excellent investment opportunity and great renovation project**. This property features four large one-bedroom apartments (4 x 4.5). Unit 34A is currently rented, potential gross annual income of $37,800. All expenses are covered by the tenants. Each unit has its own shed. Additionally, there is one garage and 2 parking spot on driveway. Don't miss out on this promising investment opportunity! **GREAT OPPORTUNITY FOR CONTRACTOR**
General Renovations by the Previous Seller:
Foundation wall insulated with urethane from the inside.
Roof redone in 2003 (elastomeric membrane).
Doors and windows around 2002.
Bathroom and flooring partially redone.
Unit 32A: Kitchen redone in 2020, as well as part of the
flooring.
Unit 32: Most of the flooring was replaced in 2021.
Electricity and snow removal are at the tenants' expense.
- Inspection repport 2022 available
BUILDING:
Type | Quadruplex |
---|---|
Style | Detached |
Dimensions | 10.85x11.2 M |
Lot Size | 306.4 MC |
ROOM DETAILS
Room | Dimensions | Level | Flooring |
---|---|---|---|
N/A |
CHARACTERISTICS
Driveway | Asphalt |
---|---|
Proximity | Bicycle path, Cegep, Elementary school, Golf, High school, Highway, Hospital, Park - green area, Public transport |
View | City |
Garage | Detached, Single width |
Heating system | Electric baseboard units |
Parking | Garage, Outdoor |
Basement | Low (less than 6 feet) |
Sewage system | Municipal sewer |
Water supply | Municipality |
Zoning | Residential |
EXPENSES
Municipal Taxes (2025) | $ 5037 / year |
---|---|
School taxes (2024) | $ 264 / year |