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428 Rue Reynolds, Granby, QC J2G

$999,000

  • 1 Bedrooms
  • 1 Bathrooms
  • 1971
  • MLS: 27113449

Description

Attractive 6-unit building, fully leased, ideally located close to all essential shops and services. Facing a primary school, the building is highly sought after by young families, which helps maintain strong rental demand. The building offers attractive stability and potential for optimization in the medium term. A strategic opportunity for investors looking to grow their portfolio with a well-positioned asset.

This 6-plex represents a solid acquisition opportunity in a dynamic, family-friendly area. Strategically located across from an elementary school and just minutes from all essential amenities, the building enjoys a prime location that makes it highly attractive to renters.

Fully leased, it offers immediate income and appreciable stability for any investor looking for a high-performing asset upon acquisition. The family-oriented clientele in the area helps maintain constant and sustainable demand.

The property also offers interesting optimization potential for buyers looking to maximize profitability in the medium and long term. A well-positioned building in a sought-after environment, it is a strategic addition to any real estate portfolio.

The annual income is $65,844. The renewal notices have not yet been issued. There is strong potential for optimization for an investor.

There are currently some smoking units. The rents need to be updated/refreshed.

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INCLUDED
According to the leases
EXCLUDED
According to the leases
ROOM DETAILS
Room Dimensions Level Flooring
N/A
BUILDING
Type
Style Detached
Dimensions 0x0
Lot Size 1217.96 MC
EXPENSES
Insurance $ 2484 / year
Snow removal / Lawn mowing $ 880 / year
Municipal Taxes (2026) $ 7019 / year
School taxes (2026) $ 464 / year
CHARACTERISTICS
Basement 6 feet and over, Finished basement
Driveway Asphalt
Siding Brick, Stucco
Proximity Cegep, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park - green area, Public transport
Roofing Elastomer membrane
Heating system Electric baseboard units
Heating energy Electricity
Topography Flat
Landscaping Land / Yard lined with hedges
Sewage system Municipal sewer
Water supply Municipality
Parking Outdoor
Foundation Poured concrete
Windows PVC
Zoning Residential
Window type Sliding

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