Income properties for sale
1855 - 1859, Rue De Malapart, Trois-Rivières
$899,000
Features
Use of property
Residential
Year built
1968
Building area (at ground level)
1,580 sqft
Living area
3,168 sqft
Lot area
8,787 sqft
Parking (total)
Driveway (8)
Number of units
Residential (6)
Residential units
2 x 3 ½, 4 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$63,204
Description
6-unit four-sided brick multifamily, (4) x 4 ½, (2) x 3 ½. Rents below market value with potential for optimization. Two vacant units July 1st for renovation and income optimization by the investor: unit 1857-1, basement 3 ½ ($900.00), #1859 - 4 ½ ($1250$). Vacant 4 1/2 apt.1857#4, for rent 1095$/month as-is. Potential annual gross income July 2026 - $68,412. Gross Rent Multiplier (GRM - 13,14X). University area within walking distance. Parking available for all. Easy to rent. 80% financing first-time buyers or qualified residential financing (certain conditions apply) or 75% if commercial financing with standard CMHC. Excellent opportunity!
Centris No. 28497839
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Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $110,200 |
| Building | $454,000 |
| Total | $564,200 |
| Taxes | |
|---|---|
| Municipal (2026) | $7,837 |
| School (2026) | $361 |
| Total | $8,198 |
| Expenses | |
|---|---|
| Electricity | $2,260 |
| Insurance | $4,999 |
| Total | $7,259 |
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