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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
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 - -
Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33883570

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 524-534 4E Rue De la Pointe, Shawinigan, QC G9N 1G8

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