Description

Located in the heart of Val-des-Sources, 557-567 1st Avenue offers an excellent investment opportunity close to all amenities. The building includes two commercial units with a basement, a central heat pump, and a central vacuum system, as well as five residential units: two 5½s, two 4½s, and one loft. The necessary infrastructure for installing heat pumps in the residential units is already in place. Each residential unit comes with a parking space, in addition to spaces reserved for customers of the commercial units. Annual revenue of $144,024. Opportunity not to be missed!

Discover 557-567 1st Avenue in Val-des-Sources, an income property offering an attractive combination of commercial and residential units in the heart of a strategic neighborhood, close to all services and amenities.

The property includes two commercial units, each with its own basement, providing additional space for storage or operations. The commercial units are equipped with a central heat pump and a central vacuum system, enhancing occupants' comfort.

Upstairs, the building features five residential units--two 5½s, two 4½s, and one loft--allowing for diversification of rental income. The electrical systems have already been pre-wired for the addition of heat pumps in the residential units, with the necessary wiring and panels already in place.

Residents also benefit from dedicated parking spaces--one per unit--as well as several spaces reserved for customers and users of the commercial spaces. This is an attractive opportunity for investors seeking a versatile building with strong potential for optimization in a central location in Val-des-Sources.

On the upper floor, the building features five residential units, including two 3-bedroom apartments (5½), two 2-bedroom apartments (4½), and one loft, providing a diversified rental income stream. The electrical infrastructure has already been prepared for the installation of heat pumps in the residential units, with the necessary wiring and electrical panels in place.

Tenants also benefit from dedicated parking spaces, with one parking spot per residential unit, as well as several additional spaces reserved for customers and occupants of the commercial premises.

Left-Side Commercial Space:

Ground floor: 7 offices

Basement: 2 offices, 2 conference rooms, 1 bathroom, and 1 kitchen

Right-Side Commercial Space:

Ground floor: 3 offices, 1 conference room, 1 kitchen, and 1 bathroom

Basement: 1 conference room, 1 office, and 1 storage room

Additional Highlight: A new McDonald's restaurant is currently under construction immediately to the right of the property.

An excellent investment opportunity for buyers seeking a versatile mixed-use property with strong potential for optimization, diversified rental income, and a central location in Val-des-Sources.

Annual revenue of $144,024.