Complete Listing

14 - 22 Millway, Lachute

Cost per Unit (CPU)
86 000 $
Gross Revenue Multiplicator (GRM) 12.5
Net Revenue Multiplicator (NRM) 19.9
Capitalization Rate (CAP)
5.0 %

5-unit building composed of 5x4.5 of very good size. Electricity & hot water are at the expense of the tenants. There are 6 outdoor parking spots. Electrical panels with breakers in each unit. Very well located and close to all services.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing ABS
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Recently renovated
Environmental Study No
Condition of Roof Shingles
Siding Vinyl
Condition of Balconies Good condition
Condition of Doors Good condition
Condition of Windows Good condition - Recently renovated
Type of Parking Exterior
Intercom and Bell Doorbells
Fire System No
Janitor Agreement No

Construction

Year Built 1950
Building Type Detached
Construction Type Wood
Number of Stories 2
Other Informations

Building type

Number of Units 5 x 4.5
Number of Parkings 6 parking spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • 14 windows have been changed
  • 3 main entrance doors have been changed. # 14-18-20
  • Most of the flooring of the units # 18-20-22
  • All balcony railings 2009

Other informations

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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