7 bedrooms
5 bathrooms
3 half baths
Lot dimensions 5,731.78 ft² (532.5 m²)

Owners’ comments

Automated translation

At only 5.7 times the revenues of $240,240 per year, the sale price compares very favourably with the other 4 plexes in the sector that sell up to 8 times the revenues and more. Yet net income remains at $13,000/year.

Magnificent well maintained quadruplex located near a huge park in a residential area.

Shawinigan is a city with growing economic potential.

The cost of income buildings is still very attractive, but will soon increase due to the anticipated economic boom.

Revenues of $2,020 per month are guaranteed by the owner until June 30, 2021.

The property is well located; close to all public services.

The building is well maintained and constantly renovated :

  • majority of windows were replaced, including 3 in pvc in 2019.
  • Chimney cap replacement as well as 2 maximum ventilation.

The houses benefited frommajor renovations between 2016 and 2017:

  • Roofing renovation in 2009.
  • Home renovation in 2018.

The owner lives 200 km away, a little far away to take care of it... Otherwise the building is a very profitable investment.

Complete Description
Complete Description

Property features

Details
Updated price
Year of construction
1956
Building dimensions
67.72x32.74 ft (20.64x9.98 m)
General condition
Excellent
Occupation rate
4
Certificate of Location
Yes
Courtyard orientation
South-East
Number of parkings
4
Municipal evaluation's date
2017
Lot's municipal evaluation
$12,500
Building's municipal evaluation
$123,400
Taxes year
2019
Mortgage balance
$101,000
Studio
1
2 Bedroom
2
3 Bedroom
1
Bedrooms (total)
7

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Concrete block

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle

Floor coverings:

  • Hardwood
  • Ceramic

Windows:

  • Aluminium
  • French Window
  • PVC

Heating source:

  • Wood stove
  • Hot water
  • Electric

Electric system:

  • 200 amps

Features:

  • Shed
  • Fireplace
  • Ceiling fixtures
  • Window coverings
  • Main floor laundry
  • Blinds
  • Alarm system

Kitchen:

  • Raised panel maple
  • Melamine cabinets
  • Island
  • Stove
  • Fridge

Bathroom:

  • Whirlpool Bath Tub
  • Bath and shower
  • Two sinks
  • Ceramic Shower
  • Separate Shower

Basement:

  • Totally finished

Upgrades:

  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Roof
  • Painting

Parking / Driveway:

  • Asphalt
  • Double drive

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Panoramic view
  • Flat geography
  • Corner lot
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • ATV trails
  • Ski resort
  • Bicycle Path

Complete list of property features

$$$$,$$$
Log in to see how much this property sold for.

Quadruplex

Shawinigan (Grand-Mère) Mauricie

No. 635030

I sold !

Sell commission-free like this homeowner!

With DuProprio, you get access to all the visibility and support you need to sell your property agent-free.

Discover our services