Cost per Unit (CPU) |
52 000 $ |
---|---|
Gross Revenue Multiplicator (GRM) | 7.6 |
Net Revenue Multiplicator (NRM) | 18.5 |
Capitalization Rate (CAP) | 5.4 % |
Beautiful 6 units strategically located in downtown Trois-Rivières. The neighboring land is part of the sale and allows the construction of a building of 2 units and more (possible subsidy - to be confirmed with the City). Good potential for increasing income and reducing expenses (eg heating). Several renovations done in the last years (see list below)
Heating System | Natural gas / electric |
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Hot Water System | Independant tanks |
Electrical Pannels | Breakers |
Plumbing | Mixte |
Condition of Kitchens | 1 new, others in good condition |
Condition of Bathrooms | Good condition |
Floor Covering | Laminated and ceramic |
Environmental Study | Yes in 2008 |
Condition of Roof | Elastomeric membrane 2010 |
Siding | Brick |
Condition of Balconies | Wood |
Condition of Doors | Good condition |
Condition of Windows | Good condition |
Type of Parking | Exterior |
Intercom and Bell | No |
Fire System | No |
Janitor Agreement | No |
Year Built | 1921 |
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Building Type | Detached |
Construction Type | Brick and wood |
Number of Stories | 2 |
Other Informations |
Number of Units | 1x6.5 + 2x3.5 + 3 studios |
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Number of Parkings | 10 spots |
Responsability of Heating | Tenant for the 3.5 |
Responsability of Hot water | Tenant for the 3.5 |
Responsability of Appliances | Owner except the 3.5 |
Washer /Dryer Installation | Yes, except the 2.5 |
Laundry | No |
Other Informations |
THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY, AT THE RISKS AND PERILS OF THE BUYER
The tenants of the 2.5 can use the laundry on the other side of the street. Heating system : 2x3.5 = Electric baseboards / Others : Natural gas central system.
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.