Complete Listing

438 - 442 Saint-Joseph, Desjardins

Cost per Unit (CPU)
85 000 $
Gross Revenue Multiplicator (GRM) 11.4
Net Revenue Multiplicator (NRM) 19.8
Capitalization Rate (CAP)
5.1 %

Apartment complex of 10 units (buildings 6 and 4 units) located near the Davie yard and Cégep de Lévis. They are composed of 7 x 4.5 + 2 x 3.5 + 1 x 2.5. Several renovations in recent years including balconies, ramps, roofing, paving and cladding of the 4 unit. Very well maintained with care by the owner.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks + central
Electrical Pannels Breakers
Plumbing Copper and ABS
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated and ceramic
Environmental Study No
Condition of Roof Elastomeric membrane 2006 and 2012
Siding Brick and Vinyl
Condition of Balconies Fiber glass and wood
Condition of Doors 2006 and 2016 (4 units)
Condition of Windows 2006 and 2016 (4 units)
Type of Parking Exterior
Intercom and Bell No
Fire System Security lights and fire extinguishers
Janitor Agreement No

Construction

Year Built 1900
Building Type Detached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units 7x4.5 + 2x3.5 + 1x2.5
Number of Parkings 16 spots
Responsability of Heating Tenants except the 2.5
Responsability of Hot water Owner for 7 units
Responsability of Appliances Tenants except the 2.5
Washer /Dryer Installation Yes except 2 units
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • Asphalt 2014
  • Fiberglass balcony and galvanized ramps 2014 (6 units)
  • Water heaters 2018 (6 units)
  • 2012 elastomeric roof (4 units)
  • Some windows 2016 (4 units)
  • Exterior cladding and insulation (isoglad) 2017 (4 units)
  • Balcony 2017

Other informations

8 units have dishwasher inputs
View of the river for the units on the north side

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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