Complete Listing

450 - 460 Saint-Maurice, Cap-de-la-Madeleine

Cost per Unit (CPU)
54 000 $
Gross Revenue Multiplicator (GRM) 9.0
Net Revenue Multiplicator (NRM) 18.9
Capitalization Rate (CAP)
5.3 %

Beautiful 24 units built in 1985 (2 x 12 units) located in Trois-Rivières. There is a building of 12 x 4.5 and a building of 6 x 5.5 and 6 x 3.5 all rented unheated, unlit, no-hot water. All accommodations have outdoor parking and large interior storage. The roof was redone in 2013 and the building is very well maintained

Cartography

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper and ABS
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated and linoleum
Environmental Study No
Condition of Roof Good condition (2013)
Siding Brick
Condition of Balconies Fiber glass
Condition of Doors Good condition
Condition of Windows Good condition
Type of Parking Exterior
Intercom and Bell No
Fire System Yes
Janitor Agreement No

Construction

Year Built 1985
Building Type Detached
Construction Type Wood and brick
Number of Stories 3
Other Informations

Building type

Number of Units 6x5.5 + 12x4.5 + 6x3.5
Number of Parkings 34 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Owner for the 460 : 3.5 only
Washer /Dryer Installation 450 : All units and 460 : 5.5
Laundry Yes for the 3.5 in 460
Other Informations

Significant capital expenditures since 10 years

  • Roof shingles changed in 2013
  • Main water inlet valve changed in 2017

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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