Quadruplex for sale - Sainte-Sophie
$625,000

290 - 296 Rue St-Denis, Sainte-Sophie, Laurentides

Listing broker: Steve Duarte - Engel & Völkers ● # 15910060

743.2 mc

1965

Description

Well-sized quadruplex featuring 4 x 4½ units generating $3,855/month ($46,260/year). The property has been well maintained over time and benefited from major renovations around 2010, including the roof, exterior cladding, insulation, and one recently renovated unit. Excellent price-to-income ratio (13.5x), making this property an attractive investment opportunity in Sainte-Sophie.

Details

Available services: Outdoor storage space

Water supply: Municipality

Heating energy: Electricity

Equipment available: Wall-mounted heat pump

Windows: PVC

Basement foundation: Concrete slab on the ground

Proximity: Highway; Cegep; Daycare centre; Golf; Park - green area; Bicycle path; Elementary school; Alpine skiing; High school; Cross-country skiing; Snowmobile trail; ATV trail; Public transport; University

Siding: Brick; Vinyl

Basement: No basement

Parking (total): Outdoor (4)

Sewage system: BIONEST system

Window type: Crank handle

Roofing: Asphalt shingles

Zoning: Residential

Addenda

Income property consisting of a quadruplex with four spacious 4½ units, offering a layout that is highly sought after in the rental market. Gross annual revenues of $46,260, or $3,855 per month, representing an approximate price-to-income ratio of 13.5 times, which is advantageous for this type of property in the area.

The property has been maintained over the years, with several major works completed. One unit has been recently renovated in large part, while the three remaining units, fully functional, offer excellent potential for optimization. Targeted renovations could allow for a gradual increase in rental income, thereby enhancing the property's value and return over the medium term.

Renovations and improvements (according to the current seller and previous sellers):

Major renovations around 2010--2011: insulation, windows, rear doors, exterior cladding, roof and roof structure

Septic system replaced in 2005

Pumping station

One unit recently renovated in large part

Other units improved over time

Two wall-mounted heat pumps (2025)

Parking available for each unit

Area and location:
Located in Sainte-Sophie, in a quiet residential setting, with convenient access to major roadways leading to Saint-Jérôme and Mirabel, as well as nearby services and amenities.

Sale without legal warranty of quality, at the buyer's own risk.
Visits upon accepted promise to purchase only.