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, upgraded wall insulation, 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, combined with optimized
insulation, 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.