1245 Boul D'iberville Immeuble residentiel 6 lots 1 344 738 € (224 123 €/Lot) St-Jean, QC J2X 4B7

This six-unit multifamily property in the Iberville sector of St-Jean-sur-Richelieu offers investors a unique opportunity to acquire a modern rental building combining strong income, quality construction, and an advantageous financing structure. Built in 2019, the property boasts condo-quality design with wood-frame construction and enhanced soundproofing features, creating a durable asset that appeals to discerning tenants. The site includes multiple conveniences and efficient layouts that simplify ongoing management while reducing future capital expenditure.
With a gross annual income of $123,552 and an asking price of less than 17.5 times revenue, this building delivers a strong position within the regional multifamily investment market. Additionally, qualified buyers can explore the potential assumption of an existing mortgage with attractive conditions. This financing feature may provide significant cost benefits compared to initiating new financing, further enhancing return on equity.
The property is ideally positioned within Iberville, near the Richelieu River, with ready access to major routes, local shops, green spaces, and essential services. This location provides residential tranquility while ensuring connectivity to employment hubs and nearby communities, helping maintain consistent rental demand. The asset may be purchased individually or in combination with other buildings available from the same owner, allowing scalable portfolio growth opportunities.