2230 Rue De Lorimier, Longueuil (Le Vieux-Longueuil), QC J4K3P3    $1,150,000

The exterior photos will be updated soon. Well-maintained 6-plex in Longueuil, offering six bright 4½ units -- all fully leased. The property is in very good condition, with no basement units and a ground floor conveniently at street level.

Exceptional building located in a highly sought-after area!
No units are located in the basement -- the ground floor is
at street level.
According to the previous owner, the property has undergone
numerous renovations and improvements over the years:
Roof (2015): EPDM membrane -- $19,833
Acrylic coating on two side walls (concrete underneath) --
August 2014: $14,700
Acrylic finish also applied to the remaining window ledges
of the building
Fiberglass balconies (around 2011) -- $3,731
Main entrance door replaced -- $2,574
Brickwork restoration on the front and rear façades:
$15,950 in 2015 and $45,990 in 2020, including added
insulation on the front wall (replacement of the old
exterior cladding)
Service basement plumbing (2017): ABS drain pipes, addition
of backwater valves and a sump pump -- $4,515
Polyurethane insulation in the service basement, addition
of a vapor barrier (polythene) and auxiliary heating --
$3,000 (polyurethane only)
Ceiling insulation and soundproofing in 5 out of 6 units
Exterior wall insulation in 5 out of 6 units
Kitchens: ceramic tile flooring in all 6 units, additional
cabinet modules, and gradual countertop replacements
Bathrooms: completely renovated in 4 units and partially in
1; all are in excellent condition
Plumbing: ABS and copper piping redone in the renovated
bathrooms
Electrical work: major upgrades carried out over the years
(approximately 80% of the system redone)
A commercial air exchanger also serves the common areas and
the crawl space.
The asphalt parking area accommodates up to 6 cars, with
the potential to add several more.
There is also the possibility of creating outdoor storage
spaces, offering potential added value.
The large lot provides multiple possibilities for layout or
development -- subject to verification with the relevant
authorities.
Finally, the property offers strong potential for increased
rental income,
with an estimated annual rental income potential of
approximately $73,332.