Income properties for sale
555 - 557, Rue Saint-Jean, Drummondville
                                            
                                            
                                            $1,350,000
                                             +GST/QST
                                            
                                             
                                        
                                    Features
Use of property
                Residential, Commercial
            Year built
                1951
            Building area (at ground level)
                7,967 sqft
            Living area
                15,934 sqft
            Lot area
                7,967 sqft
            Number of units
                Residential (14), Commercial (4)
            
Residential units                
                1 x 3 ½, 13 x Loft/Studio
            Potential gross revenue
                $127,812
            Additional features
                Basement 6 feet or +
            Description
                                                18 units. 14 loft-style residential and 4 commercial. All with leases, mostly workers and retirees, on-site laundry. Huge basement with locker and free space. Well-maintained building, close to all services and downtown. Several improvements made in recent years. 4 commercial spaces since: 2014-2017-2020-2014. 14 Residential with leases, 8 Workers/ 1 student and other retirees.
                                            
                                        Centris No. 15714208
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                                                        Visit the real estate broker's website to see the detailed sheet of this property.
                                                    
                                                    
                                                Financial details
| Municipal assessment (2022) | |
|---|---|
| Lot | $99,900 | 
| Building | $851,500 | 
| Total | $951,400 | 
| Taxes | |
|---|---|
| Municipal (2025) | $18,632 | 
| School (2025) | $721 | 
| Total | $19,353 | 
| Expenses | |
|---|---|
| Electricity | $15,662 | 
| Insurance | $7,175 | 
| Total | $22,837 | 
See all financial details