Quadruplex for sale
446, Rue Jeanne-Mance, Salaberry-de-Valleyfield
$979,000
Features
Use of property
Residential
Building style
Detached
Year built
2021
Lot area
5,233 sqft
Number of units
Residential (4)
Residential units
4 x 3 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$55,260
Move-in date
According to leases
Description
A recently built quadruplex (completed in late December 2020) generating annual income of $55,560. With a cap rate of approximately 16.4, this building represents an excellent opportunity for an investor seeking a high-performing asset that requires minimal management. Comprising four 3½-bedroom units with separate entrances, wall-mounted air conditioning, and an air exchanger, it benefits from optimized operating expenses since heating and hot water are entirely the tenants' responsibility. No major investments are anticipated in the short term.
Centris No. 11341712
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $126,400 |
| Building | $799,800 |
| Total | $926,200 |
| Taxes | |
|---|---|
| Municipal (2026) | $7,657 |
| School (2026) | $644 |
| Total | $8,301 |
| Expenses | |
|---|---|
| Insurance | $1,886 |
| Snow removal | $454 |
| Lawn | $325 |
| Total | $2,665 |
See all financial details