Complete Listing

285 - 289 Saint-Charles, Saint-Jean-sur-Richelieu

Cost per Unit (CPU)
93 000 $
Gross Revenue Multiplicator (GRM) 12.5
Net Revenue Multiplicator (NRM) 20.1
Capitalization Rate (CAP)
5.0 %

Building of 12 units located in Saint-Jean-sur-Richelieu built in 1960 composed of 3 x 3.5 + 7 studios. Parking for 12 vehicles. Heating, hot water and electricity at the expense of the tenants. Near park, schools, grocery stores and other services.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper and ABS
Condition of Kitchens 7 renovated
Condition of Bathrooms Good condition
Floor Covering Laminated
Environmental Study Yes
Condition of Roof Good condition
Siding Brick
Condition of Balconies Concrete
Condition of Doors 7 ans
Condition of Windows 7 ans
Type of Parking Exterior
Intercom and Bell
Fire System No
Janitor Agreement

Construction

Year Built 1960
Building Type Detached
Construction Type Brick and wood
Number of Stories 2
Other Informations

Building type

Number of Units 3x3.5 + 7 studios
Number of Parkings 12 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Proprio et locataire
Washer /Dryer Installation No
Laundry Yes
Other Informations

Significant capital expenditures since 10 years

  • Exterior walls insulated and sealed
  • Basement insulated with urethane
  • Did storage spaces in the basement
  • Redone balconies and entry with concrete
  • One apartment has been renovated
  • Fire system installation

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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