Quadruplex - For sale - 749 - 751 Rue St-Georges, Drummondville

----DESCRIPTION----
Invest in a solid asset with this quadruplex generating annual revenues of $40,944, ideally located in a high-demand area. With several major upgrades completed since 2020 -- including plumbing, electrical, roofing, kitchens, bathrooms, and more -- it offers excellent profitability and strong long-term optimization potential. Comprising two 5½ units, each benefiting from a garage, and two 3½ units, the building provides both comfort and convenience for tenants. A great opportunity for serious investors.

----ADDITIONAL DETAILS----
-- Annual revenues of $40,944
-- Building composition: 2 x 3½ and 2 x 5½
-- Stable tenants
-- Private garage for the two 5½ units (749 and 751)
-- Hot water tanks in all 4 units replaced in 2020
-- Electrical panel replaced in 2020
-- 12,000 BTU wall-mounted heat pump added in 749-1 in 2023
-- Elastomeric roof redone in 2018
-- Other major renovations since 2020:
-- Complete plumbing and electrical upgrades
-- Unit 749: kitchen cabinets, sink, and flooring replaced
-- Unit 749-2: extensively renovated (cabinets, shower, toilet, etc.)

*Sold without legal warranty, at the buyer's risk and peril.

*The information provided in this listing is for indicative purposes and may vary. The buyer must verify the characteristics, dimensions, and associated expenses.

*The buyer agrees to consult the appropriate authorities for any project they wish to undertake on the property.