Property Information:
17-unit rental building located at 365 Adams Street East in Richmond, built in 2024. This 3-story property includes 6 3½ units, 8 4½ units, and 3 5½ units, all with private balconies, outdoor storage space, and at least one parking space. The units offer abundant windows, modern materials, air conditioning, and a heat pump. Located in a growing area close to services and major highways.
This 17-unit property located at 365 Adams Street East in Richmond represents an attractive investment opportunity in a dynamic and growing rental market.
The 3-story building includes:
* 6 3½ units (2 units measuring 554 sq. ft. and the others measuring approximately 960 sq. ft.)
* 8 4½ units (average size of approximately 1,088 sq. ft.)
* 3 5½ units (average size of approximately 1,236 sq. ft.)
Each unit has a private balcony, outdoor storage space, and at least one parking space, with a total ratio of approximately 1.55 parking spaces per unit. Internet is included for tenants.
The apartments offer bright, modern spaces with abundant windows, contemporary materials, heat pumps, and air conditioning, as well as several amenities sought after by tenants.
Particular attention has been paid to the quality of construction and the comfort of occupants, notably through:
* Superior soundproofing (concrete slabs, resilient bars, and acoustic wool)
* High-performance insulation and waterproofing
* Air exchangers
* Separate laundry rooms in most units
* Dishwasher opening (except in some 3½ units)
* Large rooms and generous living spaces
* Separate entrances for each unit
* Private terrace for each unit (10' x 9.6')
Potential gross income is based on the amounts listed on recently sent lease renewals. The amount may vary depending on the responses received from tenants in the coming weeks and will need to be validated by the buyer.
Located near Routes 116, 143, 245, and Highway 55, Richmond offers easy access to Sherbrooke, Magog, Drummondville, Montreal, and the US border.
The city offers a sought-after living environment with many amenities nearby: elementary school, arena, municipal swimming pool, parks, bike paths, restaurants, shops, and access to the Saint-François River.
The Richmond rental market is characterized by sustained demand and limited supply, which contributes to the appeal of this type of real estate asset in the region.
Inclusions: According to the leases.
Exclusions : According to the leases.
Building Features:
-
Common Walls:
Detached
-
Size:
13.22 x 32.71 METRE
-
Utilities:
Water Connected, Sewer Connected
-
Water Source:
Municipality
-
Sewer:
Municipality
