660 2e Rue, Saint-Jean-sur-Richelieu, QC J2X3H2    $435,000

Duplex in sought-after Iberville sector offering 7½ and 4½ rooms. Annual rental income of $31,920 generating a yield of 7.33%. Recent improvements: sloped roof shingles in 2022, two new water heaters installed in 2023, both 662 bathrooms updated, 660 bathroom floor replaced. Drain pump installed in 2017 with check valve. Electric heating, connected to municipal services. Income above the local market average of $28,200 annually. Act fast! Take a virtual tour, you'll be charmed! Translated with DeepL.com (free version)

EXCEPTIONAL INVESTMENT OPPORTUNITY Discover an income
property that is redefining real estate profitability in
the Saint-Jean-sur-Richelieu region. This property offers a
rare combination of superior financial performance, major
recent improvements and privileged geographic positioning,
making it the investment of choice for 2025. OUTSTANDING
FINANCIAL PERFORMANCE With an exceptional gross yield of
7.33%, this property far exceeds local market standards.
Annual revenues of $31,920 represent a competitive
advantage of +13.2% over the regional average, generating a
net monthly cash flow of $1,926 after all expenses. This
performance places the investment in the top 10% of
opportunities available on the market. ENHANCED
INVESTMENT SECURITY Recent improvements are a real
guarantee of peace of mind for the discerning investor. The
re-shingled roof in 2022 and new water heaters in 2023,
eliminate the main sources of unforeseen expenses in the
coming years. These investments, already completed,
represent substantial savings and immediate operational
security. PREMIUM LOCATION IN A RESEARCHED AREA Located
in the Iberville area, renowned for its stability and
strong rental demand, this building benefits from an
environment conducive to capital appreciation. The
strategic location offers ideal geographic diversification
while maintaining proximity to the region's economic
activity centers. IMMEDIATE BENEFITS FOR THE INVESTOR
Profitability from the outset: With tenants already
established, this investment generates immediate income
with no transition period. Positive cash flow enables all
costs to be covered, while generating a substantial profit
from the very first month. Simplified management: Recent
improvements significantly reduce the need for intervention
and maintenance, enabling optimal passive management.
Appreciation potential: In an ever-growing real estate
market, this well-maintained property in a sought-after
sector offers excellent potential for medium- to long-term
appreciation. All measurements and dimensions are
approximate and are provided for information purposes only.
They should not be considered a substitute for professional
advice or an accurate assessment.