549 900$
Quintuplex for sale
- 2
- 1
- 4688 SF
Description
Great investment opportunity in Gracefield! This well-maintained 5-unit, semi-detached style, property has been updated over the years and offers a practical, attractive layout. Each unit features 2 bedrooms, a full bathroom with washer-dryer hook-up, a spacious functional kitchen, and a bright living room with patio doors leading to a private terrace. Units are rented without heat or electricity included, and each has its own hot water tank. Large parking area and peaceful location close to Gracefield's services and amenities. An easy-to-rent property with excellent potential for investors.
More information
- 5-unit residential income property updated and improved over the years.- Clean and well-maintained building offering an excellent opportunity for investors.
- Approximately $46,000 in annual rental income.
- Units are rented without heat or electricity included.
Each unit offers 2 bedrooms and 1 full bathroom with washer-dryer hook-up.
- Spacious functional kitchens and generous living rooms with patio doors.
- Each unit benefits from its own private outdoor terrace.
- Individual hot water tank for each unit.
- Large parking area accommodating multiple vehicles.
- Metal roof.
- Two Bionest septic systems installed approximately 10 years ago.
- Property connected to the City of Gracefield municipal water system.
- Located in a peaceful area close to Gracefield's shops, grocery stores, restaurants, schools, and essential services.
- The surrounding area is known for its many lakes and waterways, natural surroundings, and year-round outdoor activities.
- Functional rental configuration with excellent long-term potential for investors.
Building features
Foundation
Poured concrete
Siding
Aluminum
Basement
- Low (less than 6 feet)
- Crawl space
Roofing
Tin
Construction year
1992
Land features
Land area
2052.2 SM
Driveway
Not Paved
Proximity
- Highway
- Daycare centre
- Golf
- Hospital
- Park - green area
- Elementary school
- Alpine skiing
- High school
- Snowmobile trail
- ATV trail
Parking
Outdoor
Topography
Flat
Building features
Landscaping
Landscape
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Available services
Yard
Sewage system
BIONEST system
Zoning
Residential
Financial information
Land evaluation
43 600 $
Building evaluation
395 000 $
Municipal taxes (2026)
9 365 $
School taxes (2026)
278 $
Gross annual income (potential)
Residential
46 044 $
Inclusions
N.A.
Exclusions
N.A.