This detached 5-plex represents a rare opportunity to acquire a well-maintained building in a prime location, offering both attractive profitability and potential for future enhancement. Don't miss this chance to invest in a quality property that promises attractive returns and simplified management.
Discover this rare opportunity to invest in a detached 5-plex, offering an ideal combination of quality, profitability and strategic location. This building stands out for its impeccable condition and rigorous maintenance, guaranteeing a solid and reliable investment.
Privileged location: Ideally situated in a sought-after neighborhood, this building benefits from immediate proximity to all essential services, a variety of shops and quick access to the freeway. This strategic location ensures consistent rental ease and lasting tenant appeal.
Property Features: This 5-plex comprises five well-designed residential units
3 units of 5 1/2 rooms: currently rented, these spacious apartments offer optimal comfort and are highly sought-after by tenants. ( central vacuum)
1 3 1/2-room unit: ideal for couples ( stove included)
1 2 1/2-room unit: perfect for tenants looking for a more compact but functional space. ( microwave oven, stove, refrigerator, washer-dryer)
The annual income generated by this building is $76,572, attesting to its high profitability. The units are easy to rent thanks to their quality and recent improvements.
Improvements and maintenance: The building has benefited from several recent renovations, including :
Fully renovated kitchens and bathrooms for modern, attractive comfort.
Roof: Part of the roof was redone in 2022, ensuring lasting protection against the elements.
Caulking: The caulking was redone in 2024, ensuring greater energy efficiency.
Amenities :
Parking: Each tenant has a reserved parking space, increasing the attractiveness of the units.
Exterior storage: Each unit also benefits from practical exterior storage space.
Charges and profitability: Electricity and heating costs are paid by the tenants, simplifying the management of charges for the owner.
Viewing of unit 616 possible, and viewing of other units upon acceptance of a promise to purchase.
Inclusions
1) Panels already installed in walk-in closet of 3rd-floor master bedroom. 2) microwave oven in 614A 3) microwave ovens, stove, refrigerator, washer-dryer for 614B studio.