Income properties for sale
701, 4e Rue, Shawinigan
$2,995,000
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1925
Building area (at ground level)
18,819 sqft
Lot area
20,309 sqft
Parking (total)
Driveway (10)
Number of units
Residential (17), Commercial (7)
Residential units
4 x 3 ½, 11 x 4 ½, 2 x 5 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$238,284
Additional features
Basement 6 feet or +
Description
Property very well located in downtown Grand-Mère. Building in good condition, well maintained, many renovations, robust and durable construction. Building with a lot of character, attractive housing and commercial spaces. Additional potential in terms of income (rental prices below the market, unused space). Quality investment at a good price, more than competitive ratios, not to be missed. Can be purchased with the neighboring building: Centris No. 19199843. Visits will be granted upon accepted promise to purchase only and with a 24-hour notice to notify tenants.
Centris No. 25488980
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $97,200 |
| Building | $1,094,200 |
| Total | $1,191,400 |
| Taxes | |
|---|---|
| Municipal (2025) | $19,474 |
| School (2026) | $632 |
| Total | $20,106 |
| Expenses | |
|---|---|
| Electricity | $253 |
| Gas | $1,927 |
| Insurance | $20,819 |
| Total | $22,999 |
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