Quadruplex - For sale - 525 - 531 Rue P.-Mondou, Drummondville

----DESCRIPTION----
Exceptional investment opportunity! This rowhouse-style quadruplex offers the privacy and sought-after layout of townhomes while ensuring excellent rental performance. Currently generating $63,972 per year, the gross annual income will be optimized to $67,860 starting July 1, 2026, with all leases already renewed through June 30, 2027, guaranteeing revenue growth and rental stability. Located in a strategic area close to schools, parks, shops, and major roadways, this property combines a prime location, tenant comfort, and optimal returns for the investor.

Building composition:
*2 units of 5 ½
*1 unit of 4 ½
*1 unit of 7 ½

Carefully maintained building with tenants in place, offering a solid and well-structured asset. A strategic acquisition to seriously consider for enhancing your real estate portfolio.

*Potential for conversion of the building into divided condominium units, subject to the buyer's due diligence and verification with the competent municipality and all applicable regulations. No warranty is provided as to the feasibility of such a project. This information is provided for indicative purposes only, particularly considering that several buildings on P.-Mondou Street are currently held as condominiums.

*Sale without legal warranty of quality, at the buyer's risk and peril.