Description

Investment opportunity! 10-unit building located on a large lot near the center of Marieville and nearby commodities. Zoning permits the construction of new multi-unit buildings (check with the city to determine the feasibility of your project). Building in need of renovation. Low rents compared to the neighborhood average! Part of the lot was decontaminated in 2021. Motivated seller! Make an offer!

Addendum

10-unit building at 12X income!

Very profitable building, but needs renovation work on the
exterior and in 1 unit. Ideal for an investor/entrepreneur
since it's already a profitable building, but it could
become much more so with a little work and an increase in
rents, which are below the neighborhood average!

Note that rents could be increased without necessarily
carrying out major renovations inside the units.

13454 sq. ft. lot.
Zoning permits construction of new multi-unit buildings.
Part of the lot was decontaminated in 2021 at a cost of
$50,000.

Excluded

Tenants personnal belongings.