Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $81,346.56 in gross annual rental income, with annual operating expenses of $21,305, resulting in an estimated Net Operating Income of $60,041.56 and an estimated 7.8% cap rate. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:2493)More details
Listed by: TAYLOR GINGRAS, RE/MAX AFFILIATES MARQUIS LTD.
Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you're expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours' notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:2493)More details
Listed by: TAYLOR GINGRAS, RE/MAX AFFILIATES MARQUIS LTD.
Whether you're looking to expand your real estate portfolio or searching for a home that can help offset your living expenses, this well-maintained duplex deserves your attention.The property features a vacant, tastefully updated main-floor unit offering 3 bedrooms spread across the main floor and basement, 2 updated bathrooms, and a beautifully renovated kitchen. The upper-level 2-bedroom unit is occupied by a reliable long-term tenant, providing immediate rental income.Conveniently located close to shopping, parks, and the hospital, this property offers both lifestyle appeal and strong investment potential.Current Rental Information Main-floor 3-bedroom unit: Vacant. Upper 2-bedroom unit: Leased at $1,025/month plus utilities. Approximate Annual ExpensesGas (2025): $810.47 Property Taxes (2026): $2,620.00Water/Sewer (2026): $1,847.64 Insurance (2025/2026): $2,470.86 Snow Removal (2025/2026): $452.00. Recent Updates & Improvements: Furnace (2016)Central, Air Conditioning (2016) On-Demand Hot Water System (2021) Kitchen Renovation (2023) Main-Floor Bathroom Renovations & New Flooring (2023) Metal Roof (2024) Heat Pump System (2025) Driveway Sealing (2025) Basement Bathroom Renovations & New Flooring (2026) With significant recent upgrades, a vacant unit ready for occupancy or market rent, and an income-producing upper unit already in place, this property presents an excellent opportunity for both investors and owner-occupants alike. Minimum 24 hour notice for all showings. 48 Hour irrevocable on all offers. (id:2493)More details
Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:2493)More details
Listed by: TAYLOR GINGRAS, RE/MAX AFFILIATES MARQUIS LTD.
Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers. (id:2493)More details
This fully occupied triplex is conveniently located close to schools, amenities, and public transit an excellent addition to any investment portfolio or a great option for an owner-occupied property.Unit 1: $1,650 + utilities. Unit 2: $560 + utilities, Unit 3: $560 + utilities.The building produces a gross annual income of $33,240. Please note: A minimum of 48 hours notice is required for all showings, and as per Form 244, all offers must include a 48-hour irrevocable clause. (id:2493)More details
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