31 Rue Principale, Stanstead - Ville, QC J0B

$574,900

  • 2 Bedrooms
  • 1 Bathrooms
  • 1875
  • MLS: 17800154
Potential gross revenue

$53,088

Description

Here's a rare opportunity in Stanstead: a 6-unit building, with 5 units currently leased until June 2026 and one unit leased until June 2027, generating a potential gross income of $53,088 per year. It offers four bright 4 ½ and two 3 ½ apartments, each with parking, plus four garages generating additional income. Situated on a 19,120 sq ft lot with residential and commercial zoning, it offers excellent potential for optimization. A strategic, profitable, and sustainable investment!

Excluded

Personal belongings of tenants.

Municipal land valuation

$45,300

Municipal building valuation

$166,400

Addenda

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 $ 1233 / 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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