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4 bedrooms
4 bathrooms
Lot dimensions 6,027.79 ft² (560 m²)

Owners’ comments

Investment opportunity in Sorel-Tracy. This beautiful semi-commercial 4-plex boasts a very large lot with a backyard with room for expansion to make it a larger complex. Units on the second floor are both 4 1/2 and have always been rented. One of the units is currently burned down and the inside is to be renovated hence the pricing. No structural damage, solely interior aesthetics. The bottom unit is commercial and rented to a furniture store. Located on the main street with lots of foot traffic and car traffic allows this 4-plex to be extremely lucrative. 

Complete Description
Complete Description

Property features

Asking Price
$125,000
Details
Available now
Year of construction
1940
General condition
To renovate
Certificate of Location
Yes
Municipal evaluation's date
2021
Lot's municipal evaluation
$46,200
Building's municipal evaluation
$171,500
2 Bedroom
2
Bedrooms (total)
4
Commerce(s)
2

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Heating source:

  • Electric

Electric system:

  • 100 amps
  • Breakers panel

Basement:

  • Separate entrance
  • Unfinished

Parking / Driveway:

  • Outside

Location:

  • Residential area

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

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

Near Educational Services:

  • High School
  • College

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 19' 8" x 131' 3" (6 m x 40 m)
Flooring: Laminate
Apartment 2
Storey: Main floor
Dimensions: 19' 8" x 131' 3" (6 m x 40 m)
Flooring: Bamboo

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.

$125,000

Quadruplex for sale

No. 980723

Available now
Contact the owner
Contact the owner
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