Complete Listing

5060 5e Avenue E., Charlesbourg

Cost per Unit (CPU)
87 000 $
Gross Revenue Multiplicator (GRM) 9.8
Net Revenue Multiplicator (NRM) 19.3
Capitalization Rate (CAP)
5.2 %

Beautiful 8 units located in Charlesbourg and offering good potential for optimization to the buyer. All 4.5 are rented heated and hot water provided. Circuit breaker panel per unit and several renovations made in the recent years (kitchen, bathroom, french drain, masonry, etc.). Make it your project!

Cartography

Property description

Features

Heating System Centra Bi-energy furnace
Hot Water System Central tanks (3 tanks)
Electrical Pannels Breakers
Plumbing Copper
Condition of Kitchens Several renovated
Condition of Bathrooms Renovated
Floor Covering Hardwood, ceramic and laminated
Environmental Study Yes in 2007
Condition of Roof Renovated in 2017
Siding Stone
Condition of Balconies Wood
Condition of Doors Good condition
Condition of Windows Good condition - PVC
Type of Parking Exterior
Intercom and Bell No
Fire System No
Janitor Agreement No

Construction

Year Built 1964
Building Type Detached
Construction Type Brick
Number of Stories 3
Other Informations

Building type

Number of Units 8 x 4.5
Number of Parkings 8 spots
Responsability of Heating Owner
Responsability of Hot water Owner
Responsability of Appliances 1 stove and 1 refrigerator
Washer /Dryer Installation Yes in the kitchens
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • Renovation of unit #1 (2018)
  • Renovation of units 2, 3, and 7 (2017)
  • Renovation of units 3, 5 and 6 (2016)
  • Earthworks to redo the drain, layout, rectification of slopes (2017)
  • Change two water heaters (2017)
  • Masonry: Chimney, window tower, chantepleure, cracked joints, damaged stones (2017)
  • Nouvelle entrée electric dans les units

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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