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
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.
