Complete Listing

17 Fortin, Bedford

Cost per Unit (CPU)
60 000 $
Gross Revenue Multiplicator (GRM) 10.6
Net Revenue Multiplicator (NRM) 25.6
Capitalization Rate (CAP)
3.9 %

Located on the Brome-Missisquoi Wine Route, about 10 minutes from Aut-35, Bedford offers a magnificent, highly sought-after rural character. It is a 12 unit building with brick and wood structure composed of 3x 5.5, 6 x 4.5 and 3 x 3.5 with more than 20 parking spots on a huge lot. Electricity is at the expense of the tenants and hot water at the expense of the owner.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System 2 central tanks
Electrical Pannels Breakers
Plumbing Copper
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated and ceramic
Environmental Study No
Condition of Roof Asphalt shingles (2014)
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 No
Janitor Agreement On site

Construction

Year Built 1972
Building Type Detached
Construction Type Brick and wood
Number of Stories 2
Other Informations

Building type

Number of Units 3x5.5 + 6x4.5 + 3x3.5
Number of Parkings 24 spots
Responsability of Heating Tenants
Responsability of Hot water Owner
Responsability of Appliances Tenants
Washer /Dryer Installation Yes ( for the 5.5 and 4.5)
Laundry Yes
Other Informations

Significant capital expenditures since 10 years

  • - Bathroom for all units
  • - Windows changed for 6 units
  • - Electrical panels
  • - 5 kitchens were renovated

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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