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701, 4e Rue, Shawinigan, Neighbourhood Grand-Mère
$2,995,000
+GST/QST
$2,995,000 +GST/QST
Income properties for sale
701, 4e Rue, Shawinigan, Neighbourhood Grand-Mère
Features
Use of property
Residential, Commercial
Year built
1925
Lot area
20,310 sqft
Number of units
Residential (17), Commercial (4)
Residential units
3 x 3 ½, 11 x 4 ½, 3 x 5 ½
Potential gross revenue
$211,416
Description
Excellent investment. Former textile factory transformed into a true masterpiece. Primarily inhabited by artists, this building is anything but ordinary. The commercial space has hosted renowned artists for several years, with many finding a pied-à-terre for their stays. Each unit boasts unique charm and is easy to rent. Take advantage of a secure and profitable investment with stable tenants in both the residential and commercial sectors. An ideal opportunity for long-term peace of mind and continuous growth of your assets.
Centris No. 26826663
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $97,200 |
| Building | $1,094,200 |
| Total | $1,191,400 |
| Taxes | |
|---|---|
| Municipal (2024) | $25,561 |
| School (2024) | $496 |
| Total | $26,057 |
| Expenses | |
|---|---|
| Electricity | $2,000 |
| Gas | $5,000 |
| Insurance | $21,500 |
| Snow removal | $1,500 |
| Total | $30,000 |
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