$639,900
308-312 Rue Papineau
Papineauville
Papineauville
Type
Quadruplex
Bedrooms
1
Living area
351.4 MC
Bathrooms
1
MLS® 14631646
Property description
Exceptional investment opportunity in the heart of Papineauville! This fully renovated 4-plex offers four spacious and updated units, generating a total yearly gross revenu of $45,300. Recent upgrades in 2025 include new Canexel and brick siding, a new front balcony, four new windows, new flooring and doors throughout, as well as fully redone bathrooms and fresh paint in all units. A turn-key property ideal for investors seeking stable income and low maintenance.
Details
Located near
Other, Highway
Taxes and expenses
| Municipal Taxes | $3,867 |
| School taxes | $126 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 351.4 SM |
| Land area | 870.7 SM |
| Year built | 1947 |
| Municipal assessment (land) | $20,900 |
| Municipal assessment (building) | $154,300 |
| Municipal assessment (total) | $175,200 |
| Assessment year | 2025 |
| Potential gross revenue | $45,300 |
| Driveway | Asphalt, Double width or more |
| Landscaping | Landscape |
| Heating system | Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Windows | PVC |
| Foundation | Concrete block |
| Siding | Brick, Pressed fibre |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Sliding, French window, Crank handle |
| Roofing | Elastomer membrane |
| Topography | Flat |
| Zoning | Residential |
Addendum
| 4-plex generating an annual gross revenu of 45,300$ |
| New canexel and brick siding (2025) |
| New front balcony (2025) |
| 4 new windows (2025) |
| New flooring in all 4 units (2025) |
| Interior doors replaced in all units (2025) |
| Fresh paint and renovated bathrooms in all 4 units (2025) |
| Well-located property close to amenities |
| Turn-key investment opportunity |
