572 - 586 3e rue de la Pointe
Shawinigan, QC G9N 1G9
$579,999
MLS#
10445478
Bathrooms:
0
Type:
Livable Area:
3476.1 PC
Year Built:
1920
Bedrooms:
0
Lot Area:
4600.49 PC
Potential gross revenue:
$48,540
Description

Six-unit building in the heart of downtown Shawinigan, directly across from the church. Very clean and well-maintained, it comprises five 4½ apartments and one 3½ apartment. Several units have been renovated over the years. The water main was replaced in 2022 and four electrical panels in 2023. Tenants benefit from outdoor parking spaces and two storage lockers per unit. Located close to all amenities (schools, daycare, parks, grocery stores, shops, etc.), the building generates $48,000 in annual income and offers excellent potential for further investment. A prime investment opportunity. All are welcome.

Excluded

All the tenants' movable property.

Municipal land valuation

$28,800

Municipal building valuation

$260,900

More information

Well-maintained 6-unit apartment building ideally located in the heart of downtown Shawinigan, directly across from the church. This clean and well-kept property offers an excellent investment opportunity with strong upside potential. Several units have been renovated over the years, and important improvements have recently been completed, including the replacement of the water service line in 2022 and four electrical panels in 2023.The building features: Five 2-bedroom (4½) units One 1-bedroom (3½) unit Outdoor parking spaces for tenants Two storage spaces per unit: One large storage room measuring 9.8 ft x 7.7 ft one additional storage room measuring 6.2 ft x 3.4 ft The property currently generates annual gross revenues of $48,000, with significant rental income optimization potential, making it an attractive opportunity for investors seeking increased returns. Ideally situated close to schools, daycare centers, parks, grocery stores, restaurants, and a wide range of services. The property is also located just minutes from Parc de l'Île Melville and Parc Saint-Maurice, two of the area's most popular recreational destinations. A solid investment in a prime location, offering stable income, long-term value, and excellent growth potential.

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Building
Type
Style Detached
Dimensions 27.2x42.5 P
Lot Size 4600.49 PC
Expenses
Municipal Taxes (2026) $ 8323 / year
School taxes (2026) $ 150 / year
Characteristics
Basement 6 feet and over, Separate entrance, Unfinished
Siding Aluminum, Brick
Driveway Asphalt
Proximity Bicycle path, Daycare centre, Elementary school, High school, Park - green area
Roofing Elastomer membrane
Heating system Electric baseboard units
Heating energy Electricity
Topography Flat
Cupboard Melamine, Wood
Sewage system Municipal sewer
Water supply Municipality
Parking Outdoor
Foundation Poured concrete
Windows PVC
Zoning Residential
Window type Sliding
Available services Yard
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