Property

Description

Here's a rare opportunity in Stanstead: a 6-unit building, with 5 units currently leased until June 30, 2027, and one unit leased until June 30, 2026. It offers four bright 4 ½ and two 3 ½ apartments, each with parking, plus 4 garages generating additional income. Situated on a 19,120 sq ft lot zoned for both residential and commercial use, it offers excellent potential for optimization. A strategic, profitable, and sustainable investment!

Located in the heart of Stanstead, this 6-unit building stands out for its charm and profitability. It features four 4 ½ units and two 3 ½ units, all with outdoor parking.

At the rear, four detached garages complete the offering and provide added value appreciated by tenants.

Details per unit: *Apartment 31, Apt. 1: 4 ½ unit, Rent: $448/month until June 30, 2027. Includes: 1 parking space. Rented, nothing included except snow removal and lawn care.

*Apartment 39, Apt. 2: 4 ½ unit, Rent: $945/month until June 30, 2027. Includes: 1 parking space and 1 garage. Rent includes only snow removal and lawn care.

*Apartment 41, Apt. Apartment 39, Apt. 4: $480/month until June 30, 2026, then $505/month until June 30, 2027. Includes: 1 parking space and 1 garage. Rent includes nothing except snow removal and lawn care.

*Apartment 39, Apt. 4: $815/month until June 30, 2026. Includes: 1 parking space. Rent includes nothing except snow removal and lawn care.

*Apartment 39, Apt. 5: $925/month until June 30, 2026, then $945/month until June 30, 2027. Includes: 1 parking space and 1 garage. Rent includes nothing except snow removal and lawn care. *Apartment 39, Apt. 6: 3 ½ unit. Rent: $849/month until June 30, 2027. Includes: 1 parking space. Rented with no additional charges except snow removal and lawn care.

As of May 5, 2026, it generates a gross annual income of $53,328. As of July 1, 2026, the potential gross annual income could increase to $54,084.

Located on a lot of nearly 19,120 sq ft, the building benefits from mixed residential and commercial zoning. This ideal combination opens the door to various strategies: reconfiguration of spaces, expansion, or ambitious medium- and long-term real estate projects.

Close to shops, services, schools, and the highway network, this building benefits from a prime location, guaranteeing consistent rental appeal.

This is an ideal opportunity to grow your capital in a property with undeniable location and potential. A safe, sustainable investment full of possibilities!

This sale is made without legal warranty of quality, at the buyer's own risk.

This does not constitute an offer or a promise binding the seller to the buyer, but rather an invitation to submit such offers or promises.

Exclusions : Personal belongings of tenants.

Location


Characteristics

Driveway Asphalt, Other
Roofing Asphalt shingles, Tin
Zoning Commercial, Residential
Garage Detached
Heating system Electric baseboard units
Heating energy Electricity
Parking Garage, Outdoor
Sewage system Municipal sewer
Water supply Municipality

This property is presented in collaboration with EXP AGENCE IMMOBILIÈRE

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