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5 bedrooms
3 bathrooms
1 half bath
Lot dimensions 4 000 ft² (371.61 m²)

Owners’ comments

Automated translation

Income building (3 units) located in a coveted area due to its proximity to several businesses as well as the bike path of the Old Port of Chicoutimi.

Revenues are $23880/year or $715-$675 -$600/month. The building has been maintained over the years: roof changed in 2018, extension of the parking area, renovation of 138 J-L done in 2017, renovation of 142 J-L was done in the fall of 2021. The 140 J-L has not been renovated, but still very clean. The distribution panels are all circuit breakers.

The Rénovation Québec grant is available for a total amount of $40,000. All the steps have been done, all that remains is to carry out the work and have the work validated by Ville Saguenay to obtain the funds, within 18 months. The grant includes the following work: Change of all openings (doors/windows), insulation with 2 inch panels on all facades, Change of exterior cladding, reconstruction of all galleries and stairs.

The current tenants are all good payers and are respectful of each other.

Complete Description
Complete Description

Property features

Asking Price
$255,000
Year of construction
1982
Building dimensions
898 ft² (83.43 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
West
Number of parkings
6
Municipal evaluation's date
2020
Lot's municipal evaluation
$32,700
Building's municipal evaluation
$161,300
Taxes year
2022
1 Bedroom
1
2 Bedroom
2

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps
  • Breakers panel

Kitchen:

  • Melamine cabinets
  • Built-in oven

Bathroom:

  • Bath and shower

Basement:

  • Crawl space

Upgrades:

  • Cabinets
  • Floors
  • Doors
  • Roof
  • Half bath

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Public transportation

Lot description:

  • Flat geography
  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Bar

Near Health Services:

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

Near Educational Services:

  • Daycare
  • Elementary school
  • College
  • University

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Laminate
Suite
Storey: 1st floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$13.82
$165.79
Municipal taxes
$299.83
$3,597.99
Insurance
$133.25
$1,599.03

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$1,990.00
$23,880.00

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.

$255,000

Triplex for sale

138-142, rue Jean-Langevin

Chicoutimi (Chicoutimi) Saguenay-Lac-Saint-Jean

No. 1013965

Contact the owner
Contact the owner
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