Rare real estate investment opportunity in St-Jean-sur-Richelieu!
Ideally located income-producing property in the heart of St-Jean-sur-Richelieu, a sought-after area known for its vitality, strong rental demand, and immediate proximity to all essential services.
This residential building includes 8 units, all spacious 3½ apartments, offering a uniform layout that is easy to manage and highly appreciated by tenants. The property currently generates approximately $83,000 in gross annual revenue, providing immediate, stable, and predictable returns for any savvy investor.
Thanks to its strategic location, the building attracts a reliable, long-term tenant base. Residents enjoy a convenient and pleasant environment with pharmacies, restaurants, laundromats, neighborhood shops, and easy access to public transportation. The nearby bike paths add further value and align perfectly with today's sustainable mobility needs.
Beyond its current income, this property represents a secure and promising real estate asset with significant optimization potential. Current residential rents, averaging approximately $559 per month, are well below market value, offering an excellent opportunity for gradual income growth and substantial appreciation in the medium and long term.
Whether enhancing an existing portfolio or making a first major real estate investment, this building is a solid, durable, and strategic acquisition--ideally suited for investors seeking a high-performing, resilient income property with strong growth potential in a consistently high-demand market.
Income property -- 8 units -- St-Jean-sur-Richelieu -- Strong potential -- Stable income -- Rare opportunity