$629,000
Apply for your Desjardins mortgage financing →

Quadruplex for sale

4840 rue Richard Drummondville (Drummondville) Centre-du-Québec

No. 1057117

With income
Contact the owner
Phone
819-314-7946

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
819-314-7946

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

13 bedrooms
5 bathrooms
Lot dimensions 8 016 ft² (744.71 m²)

Owners’ comments

4 Brick housing very well located, close to highway 20, convenience store, restaurants, grocery stores, gas stations, shopping center, daycares, bike path, etc...

Always easy to rent. A sector in continuous demand. 

Building comprising 1 X 5 1/2 with basement, 1X 8 1/2 with finished basement and independent entrance as well as 2 X 5 1/2 on the 2nd floor.

Each unit has 2 to 3 asphalt parking spaces.

Annual Revenue: $38,472

Foundation: poured concrete

Separating floors: concrete

Siding: brick, vinyl

Roofing: asphalt shingles (2014)

Great potential for revenue optimization.

Very good tenants stable for several years.

Insurance: $2,300

Annual municipal and school taxes: $5,352

Lawn / Snow: $1,437

Tax assessment: $560,000

Several renovations have been done in recent years such as doors, several windows, fiberglass galleries and aluminum railings (façade), several floor coverings.

Visit on promise to purchase accepted so as not to disturb the tenants as well as a bank approval letter.*

Sale without legal warranty of quality.

Complete Description
Complete Description

Property features

Asking Price
$629,000
Style
Detached
Details
With income
Year of construction
1978
Building dimensions
2 080 ft² (193.24 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-West
Number of parkings
10
Municipal evaluation's date
2024
Lot's municipal evaluation
$97,600
Building's municipal evaluation
$462,300
Taxes year
2024
3 Bedroom
3
4 Bedroom and more
1
Bedrooms (total)
13

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic
  • Linoleum
  • Parquet

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 100 amps

Kitchen:

  • Wooden cabinets

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Totally finished
  • Partially finished
  • Separate entrance
  • Potential income

Upgrades:

  • Windows
  • Roof
  • Painting

Parking / Driveway:

  • Asphalt

Location:

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

Lot description:

  • Flat geography
  • Hedged
  • Fenced

Near Commerce:

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

Near Health Services:

  • Health club / Spa

Near Educational Services:

  • Daycare
  • Elementary school
  • High School

Near Recreational Service:

  • Golf course
  • Gym
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment kitchen
Storey: 2nd floor
Dimensions: 12' x 20' (3,66 m x 6,1 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Land taxes
$446.00
$5,352.00
Insurance
$191.67
$2,300.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,206.00
$38,472.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$629,000
Apply for your Desjardins mortgage financing →

Quadruplex for sale

4840 rue Richard Drummondville (Drummondville) Centre-du-Québec

No. 1057117

With income
Contact the owner
Phone
819-314-7946

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

See it on the map
The steps involved in buying a property Buy
Print
Contact the owner
Phone
819-314-7946

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Do you want to sell commission-free, too?
Explanatory videos of our services
Free  consultation
1 866 387-7677
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