$53,100
Here is a rare opportunity in Stanstead: a 6-unit building, 5 of which are currently rented until June 2026, generating a current gross income of $42,900 per year. The potential gross rental income reaches $53,100 thanks to the 6th unit. Offering 4 x 4 1/2 and 2 x 3 1/2 bright apartments, each with parking, in addition to 4 garages generating additional income. Built on a 19,120 sq. ft. lot benefiting from residential and commercial zoning, it offers great optimization possibilities. A strategic, profitable and sustainable investment!
Personal belongings of tenants.
$45,300
$166,400
Located in the heart of Stanstead, this 6-unit building
stands out for its character and yield.
It generates an annual gross income of $42,900, with four
4.5-room units and two 3.5-room units, all with outdoor
parking.
At the rear, four detached garages complete the offering
and provide added value appreciated by tenants.
Situated on a nearly 19,120 sq. ft. lot, the building
benefits from a mixed residential and commercial zoning.
This ideal combination opens the door to various
strategies: space reconfiguration, expansion, or ambitious
real estate projects in the medium and long term.
Close to shops, services, schools, and the road network,
this building enjoys a prime location, guaranteeing
consistent rental appeal.
This is an ideal opportunity to grow your capital in a
building with undeniable location and potential.
A secure, sustainable investment full of possibilities!
Details per unit:
*Apartment 31, Apt. 1: 4 1/2 unit, Rent: $430/month.
Includes: 1 parking space. Rented with nothing included
except snow removal and lawn.
*Apartment 39, Apt. 2: 4 1/2 unit, Rent: $925/month.
Includes: 1 parking space and 1 garage. Rented with nothing
included except snow removal and lawn.
*Apartment 41, Apt. 3: 4 1/2 unit. Rent: $480/month.
Includes: 1 parking space and 1 garage. Rented with nothing
included except snow removal and lawn.
*Apartment 39, Apt. 4: 3 1/2 unit. Rent: $815/month.
Includes: 1 parking space. Rented with nothing included
except snow removal and lawn.
*Apartment 39, Apt. 5: 4 1/2 unit. Rent: $925/month.
Includes: 1 parking space and 1 garage. Rented with nothing
included except snow removal and lawn care.
*Apartment 39, Apt. 6: 3 1/2 unit. Vacant; Rental Value:
$850/month. Includes: 1 parking space and 1 garage. Rented
with nothing included except snow removal and lawn care.
This sale is made without legal warranty of quality, at the
buyer's risk and peril.
This does not constitute an offer or promise binding the
seller to the buyer, but rather an invitation to submit
such offers or promises.
BUILDING | |
---|---|
Type | |
Style | Detached |
Dimensions | 14.73x9.06 M |
Lot Size | 1776.4 MC |
EXPENSES | |
---|---|
Insurance | $ 7083 / year |
Energy cost | $ 1618 / year |
Snow removal / Lawn mowing | $ 1536 / year |
Municipal Taxes (2025) | $ 5242 / year |
School taxes (2025) | $ 127 / year |
CHARACTERISTICS |
|
---|---|
Driveway | Asphalt, Other |
Roofing | Asphalt shingles, Tin |
Zoning | Commercial, Residential |
Garage | Detached |
Heating system | Electric baseboard units |
Heating energy | Electricity |
Parking | Garage, Outdoor |
Sewage system | Municipal sewer |
Water supply | Municipality |
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