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572 3e rue de la Pointe, Shawinigan, QC G9N1G9    $579,999

Frontage

Frontage

MLS: 10445478
1920 3476.1 PC

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.


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.

Inclusions:


Exclusions : All the tenants' movable property.

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
Room Dimensions Level Flooring
N/A
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