Complete Listing

920 - 928 Lussier, Saint-Joseph-de-Sorel

Cost per Unit (CPU)
62 000 $
Gross Revenue Multiplicator (GRM) 8.7
Net Revenue Multiplicator (NRM) 13.7
Capitalization Rate (CAP)
7.3 %

6 units located in Sorel-Tracy : 4 x 5.5 + 2 x 3.5. Built in 1954, vinyl and wood. Heating and hot water paid by the owner except 2 units. Electrical panels with breakers in each unit. Very well located, in the heart of a quiet area and close to all services.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independant tanks
Electrical Pannels Breakers
Plumbing Coppers, pipes and pex
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated and ceramic
Environmental Study No
Condition of Roof More then 15 years
Siding Vinyle
Condition of Balconies Wood
Condition of Doors Good condition
Condition of Windows Good condition
Type of Parking Exterior
Intercom and Bell Ringbell
Fire System No
Janitor Agreement No

Construction

Year Built 1954
Building Type Detached
Construction Type Vinyl and wood
Number of Stories 2
Other Informations

Building type

Number of Units 4 x 5.5 + 2 x 3.5
Number of Parkings 4 spots
Responsability of Heating 4 units owner
Responsability of Hot water 4 units owner
Responsability of Appliances Tenants
Washer /Dryer Installation Yes except one unit
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • - Unit 922-A: painting, flooring, bathroom, windows and exterior doors
  • - Unit 924: painting, flooring, bathroom and exterior doors
  • - Unit 926: painting, flooring, bathroom, kitchen cabinets, windows and exterior doors
  • - Unit 928: painting, flooring, bathroom, kitchen cabinets, windows and exterior doors
  • Painting and floor of common areas (stairwell)
  • Wooden backyard fence.

Other informations

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY, AT THE RISKS AND PERILS OF THE BUYER

- Lawn and snow removal for the building entrance done by tenant of 922 (verbal agreement of 40$/month)

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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