524-534 4E Rue De la Pointe
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524-534 4E Rue De la Pointe
10 Unit Apartment Building $525,584 USD ($52,558 USD/Unit) 8.12% Cap Rate Shawinigan, QC G9N 1G8
Investment Highlights
- Diverse residential unit mix
- Near free City parking
- Located in downtown Shawinigan
Executive Summary
This well-maintained building in downtown Shawinigan offers a diverse mix of residential units, including 1 x 6.5, 4 x 5.5, 1 x 4.5, and 4 x 3.5 units, making it an ideal investment property. The commercial space is available for owner-occupancy or can be converted to residential units, subject to City approval. The building is in a highly desirable area, with free City parking nearby, offering great convenience to both tenants and potential owners. Don’t miss this opportunity to invest in a well-located property with excellent income-generating potential.
Property Facts
Price | $525,584 USD | Property Subtype | Apartment |
Price Per Unit | $52,558 USD | Building Class | B |
Sale Type | Investment | Lot Size | 0.11 AC |
Cap Rate | 8.12% | Building Size | 11,640 SF |
No. Units | 10 | No. Stories | 4 |
Property Type | Multifamily | Year Built | 1908 |
Price | $525,584 USD |
Price Per Unit | $52,558 USD |
Sale Type | Investment |
Cap Rate | 8.12% |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | B |
Lot Size | 0.11 AC |
Building Size | 11,640 SF |
No. Stories | 4 |
Year Built | 1908 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 4 | - | - |
2+1 | 1 | - | - |
3+1 | 4 | - | - |
4+1 | 1 | - | - |
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Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (82)
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524-534 4E Rue De la Pointe
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