12 bedrooms
4 bathrooms
Lot dimensions 10 760 ft² (999.64 m²)

Owners’ comments

Automated translation

4 large 5 1/2, well-maintained building, quiet area. Each apartment has its own separate laundry room. Apartments of this size are a rarity in the region and therefore very easy to rent. They are also very bright! Great opportunity to optimize revenue. All costs are borne by the tenants.

***POTENTIAL INCOME OF $33,960 AS OF JULY 1, 2024***

***POSSIBILITY OF OWNER OCCUPYING FROM 1 APRIL 2024***

A lot of renovations since the purchase in 2016:

2016: French drain + water inlet + sewers + land slopes, 1591 bathroom, 1591 heating system and thermostats, renovated balconies and back stairs.

2017: Change of electrical panels + heating system and thermostats in all apartments and basements.

2018: Complete renovation of 1585, insulation of the attic and change of the front door.

2019: Change of all windows and rear doors in the building.

2020: Foundation insulation, renovation of the entrance hall, roof of the shed redone.

2021 to 2023: Several repairs and improvements have been carried out.

This building does not include any major work to be done in the short term. Stable and quiet clientele. Great investment, who's lucky!

Sale without legal warranty, at the risk and peril of the buyer.

Complete Description
Complete Description

Property features

Asking Price
$450,000
Year of construction
1962
Building dimensions
2 240 ft² (208.1 m²)
Occupation rate
100
Certificate of Location
Yes
Number of parkings
8
3 Bedroom
4
Bedrooms (total)
12

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Windows:

  • PVC

Heating source:

  • Electric

Basement:

  • Unfinished
  • Crawl space

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Foundation
  • Shed

Parking / Driveway:

  • Asphalt
  • Crushed Gravel

Near Educational Services:

  • Elementary school
  • High School

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 28' x 40' (8,53 m x 12,19 m)
Flooring: Other
Suite
Storey: Main floor
Dimensions: 28' x 40' (8,53 m x 12,19 m)
Flooring: Other
Suite
Storey: 1st floor
Dimensions: 28' x 40' (8,53 m x 12,19 m)
Flooring: Other
Suite
Storey: 1st floor
Dimensions: 28' x 40' (8,53 m x 12,19 m)
Flooring: Other

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$15.42
$185.00
Municipal taxes
$363.17
$4,358.00
Electricity
$40.00
$480.00
Insurance
$189.42
$2,273.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,450.00
$29,400.00

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.

$450,000

Quadruplex for sale

1585-1587-1589-1591, avenue Marcoux

Plessisville Centre-du-Québec

No. 1043618

Contact the owner

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.

Contact the owner

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.