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278-282 Chaussé Rue 6 Unit Apartment Building $898,387 USD ($149,731 USD/Unit) Saint-jean-sur-richelieu, QC J3B 3P5
Investment Highlights
- Annual revenue potential of $79,440, with further upside for growth through adjustments over time.
- Prime location near CEGEP and public transit offers strong appeal for tenants and keeps occupancy high.
- Opportunity to purchase an adjoining building for expanded portfolio scale and increased cash flow.
Executive Summary
This well-maintained 6-unit multi-family property offers investors a rare opportunity to secure cash flow in one of Saint-Jean-sur-Richelieu’s most promising rental markets. Built with solid brick construction, the building features six above-grade apartments configured as 4½ layouts. With gross annual revenues projected to reach $79,440 by July 2026, this asset combines strong returns with long-term stability, all in a sector recognized for exceptional occupancy rates.
The property benefits from its proximity to major amenities, located just steps from the local CEGEP and public transit connections. Hardwood floors and well-preserved interiors reflect quality management and low maintenance requirements over time. Investors will appreciate the ability to acquire this building alongside an identical adjacent 6-Plex (Centris #25753995), adding scalability for a total of 12 units generating over $159,000 annually.
Situated in a sought-after neighborhood with easy access to parks, schools, and daily conveniences, this asset aligns ideally with growing demand for quality rental housing in the Montérégie region. Low operating costs and a carefully selected tenant base enhance its long-term performance, making it an attractive addition to investment portfolios seeking stable, predictable income.
The property benefits from its proximity to major amenities, located just steps from the local CEGEP and public transit connections. Hardwood floors and well-preserved interiors reflect quality management and low maintenance requirements over time. Investors will appreciate the ability to acquire this building alongside an identical adjacent 6-Plex (Centris #25753995), adding scalability for a total of 12 units generating over $159,000 annually.
Situated in a sought-after neighborhood with easy access to parks, schools, and daily conveniences, this asset aligns ideally with growing demand for quality rental housing in the Montérégie region. Low operating costs and a carefully selected tenant base enhance its long-term performance, making it an attractive addition to investment portfolios seeking stable, predictable income.
Property Facts
| Price | $898,387 USD | Apartment Style | Low-Rise |
| Price Per Unit | $149,731 USD | Building Class | C |
| Sale Type | Investment | Building Size | 6,000 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment |
| Price | $898,387 USD |
| Price Per Unit | $149,731 USD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 6,000 SF |
| No. Stories | 3 |
| Year Built | 1960 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
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278-282 Chaussé Rue
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