The Largest Number of Homes for Sale
Income properties for sale
2614 - 2620, 1re Avenue, Québec (La Cité-Limoilou), Neighbourhood Vieux Limoilou
$599,900
+GST/QST
$599,900 +GST/QST
Income properties for sale
2614 - 2620, 1re Avenue, Québec (La Cité-Limoilou), Neighbourhood Vieux Limoilou
Features
Use of property
Residential, Commercial
Year built
1945
Available commercial area
From 516 sqft to 1,032 sqft
Living area
3,342 sqft
Lot area
2,099 sqft
Number of units
Residential (4), Commercial (2)
Residential units
4 x 3 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
57,696 $
Description
OPPORTUNITY -- $100,000 per unit! Incredible value-add investment! Beautiful 6-unit building featuring 2 commercial spaces and 4 residential 3 ½ apartments. The seller has invested over $200,000 in renovations in recent years, including a foundation drain, new doors and windows, exterior siding, and much more. The unfinished basement provides an excellent opportunity for further development and expansion. The rents for the 2 commercial units include taxes. Potential for over $64,000 in annual income. Don't miss out on this high-income investment property!
Centris No. 15694557
Need more details?
Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2023) | |
|---|---|
| Lot | $112,000 |
| Building | $250,000 |
| Total | $362,000 |
| Taxes | |
|---|---|
| Municipal (2024) | $10,001 |
| School (2023) | $328 |
| Total | $10,329 |
| Expenses | |
|---|---|
| Electricity | $2,500 |
| Insurance | $3,896 |
| Total | $6,396 |
See all financial details
