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Income properties for sale

536 - 540, Avenue de Grand-Mère, Shawinigan, Neighbourhood Grand-Mère

$1,295,000 or
$1,295,000 or

Income properties for sale

536 - 540, Avenue de Grand-Mère, Shawinigan, Neighbourhood Grand-Mère

Features

Lifestyle
28550069 1295000 /en/multi-family-properties~for-sale~shawinigan/28550069?view=Summary /fr/multifamilial~a-vendre~shawinigan/28550069 https://passerelle.centris.ca/redirect.aspx?NoMLS=28550069&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~shawinigan/28550069/photos 46.6154027600 -72.6912746900 true
Use of property
Residential, Commercial
Year built
1948
Available commercial area
1,200 sqft
Number of units
Residential (20), Commercial (1)
Residential units
17 x 3 ½, 3 x 4 ½
Potential gross revenue
$143,880
76

Description

Beautiful building with 20 units and 1 commercial space located in the Grand-Mère area of Shawinigan. It includes 3 X 4.5 and 17 X 3.5 units, most of which are fully rented, as well as a vacant commercial space with basement. Great opportunity to buy an optimized, good-sized building. Garage door at rear for storage or rental.
Centris No. 28550069

Financial details

Municipal assessment (2024)
Lot $42,900
Building $645,600
Total $688,500
Taxes
Municipal (2024) $27,206
School (2024) $563
Total $27,769
Expenses
Electricity $5,825
Gas $8,200
Insurance $13,249
Total $27,274

Listing broker

Sylvain Lacasse, Commercial Real Estate Broker

Sylvain Lacasse

Commercial Real Estate Broker

PMML

Real Estate Agency
PMML, Real Estate Agency

Location

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Discover Shawinigan

Population (2016) 49,349
Population variation between 2011 and 2016 241%
Population density 67 hab/km2
Unemployment rate (2016) 9%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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