31-41 Rue Principale
Stanstead - Ville, Estrie J0B1E0
| MLS: 17800154
$524,900
Frontage 
Frontage 
Kitchen 
Kitchen 
Kitchen 
Kitchen 
Living room 
Living room 
Bathroom 
Bathroom 
Bathroom 
Primary bedroom 
Primary bedroom 
Kitchen 
Bedroom 
Bedroom 
Bedroom 
Bedroom 
Bathroom 
Living room 
Living room 
Kitchen 
Bedroom 
Living room 
Kitchen 
Living room 
Bedroom 
Bedroom 
Bathroom 
Back facade 
Garage 
Exterior 
Aerial photo 
Aerial photo 
Aerial photo 
Aerial photo 
Aerial photo 
Aerial photo 
Description
Here's a rare opportunity in Stanstead: a 6-unit building, with 5 units currently leased until June 2026 and one unit leased until June 2027, generating a potential gross income of $53,088 per year. It offers four bright 4 ½ and two 3 ½ apartments, each with parking, plus four garages generating additional income. Situated on a 19,120 sq ft lot with residential and commercial zoning, 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 character and yield.
It generates an annual gross income of $42,900, with four 4.5-room units and two 3.5-room units, all with outdoor parking.
At the rear, four detached garages complete the offering and provide added value appreciated by tenants.
Situated on a nearly 19,120 sq. ft. lot, the building benefits from a mixed residential and commercial zoning. This ideal combination opens the door to various strategies: space reconfiguration, expansion, or ambitious real estate projects in the medium and long term.
Close to shops, services, schools, and the road network, this building enjoys a prime location, guaranteeing consistent rental appeal.
This is an ideal opportunity to grow your capital in a building with undeniable location and potential.
A secure, sustainable investment full of possibilities! Details per unit: *Apartment 31, Apt. 1: 4 1/2 unit, Rent: $430/month. Includes: 1 parking space. Rented with nothing included except snow removal and lawn. *Apartment 39, Apt. 2: 4 1/2 unit, Rent: $925/month. Includes: 1 parking space and 1 garage. Rented with nothing included except snow removal and lawn. *Apartment 41, Apt. 3: 4 1/2 unit. Rent: $480/month. Includes: 1 parking space and 1 garage. Rented with nothing included except snow removal and lawn. *Apartment 39, Apt. 4: 3 1/2 unit. Rent: $815/month. Includes: 1 parking space. Rented with nothing included except snow removal and lawn. *Apartment 39, Apt. 5: 4 1/2 unit. Rent: $925/month. Includes: 1 parking space and 1 garage. Rented with nothing included except snow removal and lawn care. *Apartment 39, Apt. 6: 3 1/2 unit. Vacant; Rental Value: $850/month. Includes: 1 parking space and 1 garage. Rented with nothing included except snow removal and lawn care.
This sale is made without legal warranty of quality, at the buyer's risk and peril.
This does not constitute an offer or 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