Quadruplex for sale
295 - 299, Rue Principale Sud, Waterville
$560,000
Features
Use of property
Residential
Building style
Detached
Year built
1920
Building area (at ground level)
3,491 sqft
Lot area
7,693 sqft
Number of units
Residential (4)
Residential units
2 x 4 ½, 2 x 5 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$44,040
Move-in date
According to leases
Description
Opportunity to acquire a 4-unit building in Waterville! Located in a rapidly growing city, this property is ideal for investors seeking both profitability and value appreciation potential. Several renovations have been completed, including a full renovation of one of the units. Additionally, energy costs are covered by the tenants, and the building is conveniently located near essential services. The property's zoning is also attractive--worth checking out!
Centris No. 16216768
Financial details
Municipal assessment (2024) | |
---|---|
Lot | $32,000 |
Building | $164,900 |
Total | $196,900 |
Taxes | |
---|---|
Municipal (2024) | $4,806 |
School (2024) | $157 |
Total | $4,963 |
Expenses | |
---|---|
Insurance | $4,137 |
Snow removal | $1,161 |
Internet | $1,586 |
Total | $6,884 |
See all financial details