Complete Listing

4190 48e, Saint-Michel

Cost per Unit (CPU)
116 000 $
Gross Revenue Multiplicator (GRM) 14.6
Net Revenue Multiplicator (NRM) 21.8
Capitalization Rate (CAP)
4.6 %

Property well located on a calm street, near St-Michel train station and parc, with eight spacious 4.5 units with great optimization potential and an active janitor in place. The units also have inherent potential for rent increase. Excellent for investors who want to create value in a well located asset.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Good condition with copper
Condition of Kitchens Most in original state
Condition of Bathrooms 3 have been renovated
Floor Covering Laminated and ceramic
Environmental Study No
Condition of Roof Redone approx. in 2014
Siding Brick
Condition of Balconies Wood and steel ramps
Condition of Doors Good condition
Condition of Windows 80% are in good condition
Type of Parking None
Intercom and Bell Intercom
Fire System Fire extinguishers
Janitor Agreement Yes, on site

Construction

Year Built 1957
Building Type Attached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units 8 x 4.5
Number of Parkings None
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

  • French drain rear part recently redone

Other informations

The buyer must refinance  the mortgage at the vendor's institution
Peoples Trust | Balance: 534 642 | Rate : 2,68% | Term: December 2020 | Monthly Instal. (C+I) :  2361$

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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