Property requiring a lot of work. Inspection report available. Triplex property extremely well located, in the heart of Chambly on Bourgogne Avenue / corner of Saint-Pierre Street. Residential & commercial zoning. Not classified as heritage. Currently 2 x 3 1/2 on the 2nd floor & 1 business for 20 years on the ground floor. 7 parking spaces in the rear. Excellent potential. The rear facade needs to be completed and 1 of the apartments requires a complete renovation. Possibility of taking over the commercial space on the ground floor. Superb investment opportunity in the heart of Chambly! Project for experienced renovators. Contact us now!
28'7" X 34'7" Irregular
1956
1,978.62 SF
PVC
Sliding , Guillotine
Concrete blocks
Steel , Fiber cement
Elastomeric membrane
Concrete , Wood , Ceramic , Flexible floor coverings , Laminate floor
Concrete
The property offers excellent potential. The rear facade needs to be completed (some of the materials to complete the work are available), and one of the apartments (1352) requires a complete renovation, and the building needs some love. The roof needs to be redone. A project for an experienced renovator. Inspection report available.
A superb investment opportunity in the heart of Chambly!
This triplex, ideally located on Bourgogne Avenue, at the corner of Saint-Pierre Street, offers remarkable potential for savvy investors or DIY enthusiasts. Its strategic location in the heart of Chambly, with both residential and commercial zoning, makes it a sought-after property.
Currently, the triplex consists of two 3.5-room apartments on the second floor (one bedroom each) and a well-established business on the ground floor, which has been operating for 20 years. (Possibility of taking over the commercial space with 6 months' notice) In addition, the rear of the property offers 7 parking spaces, a valuable asset in this lively area.
According to the seller, the following RENOVATIONS HAVE BEEN COMPLETED:
- All 3 electrical panels have been replaced: 2 x 100 amps & 1 x 150 amps
- Exterior cladding on the front and side facades
- Renovation of 1350 - residential dwelling around 2006
- Renovation of 1354 - Commercial space on the ground floor around 2006
- Possibility of taking over the commercial space on the ground floor. Great opportunity for a property with an exceptional location in Chambly.
Consider a commercial loan with a 20% down payment. 100% financing is possible with a $0 down payment under a special program with a reputable financial institution. Please contact the listing broker for more information.
There may be a potential GST/QST payable on the commercial portion (51% of the building), unless the intended use is 100% residential. Please check with your accountant/tax advisor/notary.
Take advantage of this opportunity to turn this triplex into a lucrative investment. Contact us now for more information and to discover the full potential this property has to offer!
NOTE: Visits with a promise to purchase accepted only. You can view the exterior on site beforehand.
28'7" X 34'7" Irregular
1956
1,978.62 SF
PVC
Sliding , Guillotine
Concrete blocks
Steel , Fiber cement
Elastomeric membrane
Concrete , Wood , Ceramic , Flexible floor coverings , Laminate floor
Concrete
45'10" X 132'3" Irregular
5,105.32 SF
Fenced , Landscaped
Flat
Asphalt , Double width or more
Driveway : 7
Highway , Daycare centre , Golf , Park , Bicycle path , Elementary school , Alpine skiing , High school , Cross-country skiing , Public transportation
Commercial , Residential
Electric baseboard units
Electricity
Municipality
Municipality
Water heater(s)
Personal belongings of tenants & business.
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Hello, my name is PASCAL SAUMURE, real estate broker. Contact me for more information.
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