Description
An investment opportunity that combines current income and growth potential! This townhouse-style residential building features four virtually new units that generate excellent income, all in a prime location. You'll also have the option to expand the building to add two additional units, offering attractive potential to further increase your income. Annual revenue of 86 760$!
A rare opportunity for investors seeking income, potential
for optimization, and development opportunities! This real
estate portfolio includes several properties offering a
variety of opportunities: residential units, commercial
spaces, developable land, and multi-unit housing projects.
The portfolio notably includes four nearly new residential
units at 390--396 Rue du Roi, generating very good income,
with the potential to expand the building to add two more
units. Nearby, at 374--380 Rue du Roi, there is a renovated
mixed-use building featuring two rental garages, an office
space, and a fully renovated residential unit. There is
also a lot on Rue du Roi connected to municipal utilities,
offering the possibility of building a 6-unit building.
Option to purchase both buildings together.
Annuel revenue of 86 760$!
A permit application has been submitted to add two
additional units to the right side of the building,
converting it into a six-unit property. A certified
appraisal report is available, indicating a potential value
of $1,835,000.