Income properties for sale
18 - 24, Rue Principale, Stanstead - Ville
$649,000
Features
Use of property
Residential
Year built
1920
Lot area
16,011 sqft
Parking (total)
Carport (6), Garage (4)
Number of units
Residential (7)
Residential units
4 x 3 ½, 3 x 4 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$64,080
Description
Discover this investment opportunity, located in the heart of Stanstead, in a fast-growing sector. This 7plex comprises four 3 ½ and three 4 ½ units, offering revenues of $56,882 per year, ensuring immediate profitability. In addition, 4 garage spaces are available for rent, providing a second source of stable income. The private 16,011 sq. ft. lot ensures tranquility and space, ideal for tenants. This property represents a good investment with a favorable cost-per-unit ratio.
Centris No. 12674213
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Financial details
Municipal assessment (2024) | |
---|---|
Lot | $26,200 |
Building | $137,100 |
Total | $163,300 |
Taxes | |
---|---|
Municipal (2024) | $6,153 |
School (2024) | $103 |
Total | $6,256 |
Expenses | |
---|---|
Electricity | $10,014 |
Total | $10,014 |
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