133 - 139 Saint-Pierre , Montmagny

Asking Price

$420,000

Building area

2,961 SQ. Ft.

Property Description

Excellent investment opportunity! This fully rented triplex, located in the heart of Montmagny, generates stable income. Ideal for investors looking for a property that’s already profitable and has potential for appreciation. Don’t miss it!

Highlights

Stable rental income — fully leased

Central location in Montmagny, close to amenities

Excellent appreciation potential for investors

Capital spendings in recent years

Electrical outlets (133, 135, 139), kitchen and bathroom cabinets (135, 139) in 2013

Other information

This sale is made without any legal warranty, at the buyer's own risk.

The property requires maintenance and renovation work.

Please note that Unit #133 is rented out by the room and that there are 3 leases. Lease #1: $520, due July 30, 2027 / Lease #2: $480, due July 30, 2027 / Lease #3: $520, due July 30, 2027

Location
Building description

General Information

Cadastral number3 281 670

Total Municipal Assessment

Total Municipal Assessment$ 194 000
Municipal Land Assessment$ 21 600
Municipal Building Assessment$ 172 400

Construction

Number of Storeys3
Type of BuildingDetached
Type of ConstructionWood-frame construction
Year of Construction1920

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior
Number of Parking Spaces0

Area

Land Surface Area2 002 sq. ft

Building type

Laundry RoomNo
Number of Rooms15
Number of Units3 x 5.5
Washer/Dryer InletYes
Appliance ResponsibilityOwner
Heating ResponsibilityOwner / Tenant
Hot Water ResponsibilityTenants

Features

FencedPartially
Internet and TelecomYes
PlumbingPEX, ABS, and copper
Condition of RoofGood condition
Condition of DoorsGood condition
Condition of BalconiesMade of wood with a metal frame
Concierge AgreementN/A
Intercom and DoorbellDoorbell
Heating SystemElectric baseboard heaters
Hot Water SystemIndependent tanks
Condition of WindowsPVC Windows
Condition of KitchensTo be verified
Electrical PanelsCircuit breakers
Exterior SidingSheet metal, Canexcel
Condition of BathroomsTo be verified
Environmental ReportN/A
Floor CoveringFloaters and Vinyls
Income & Expenses

Revenue

Unit133
Sq. Ft.
Rooms5
Bedrooms3
Bathroom1
Monthly Rent1 520 $
Lease ExpirationJune 2027
Washer and Dryer EntryOui

Revenue

Current Amount
Total Revenue / month
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Expense

Current Amount
Total Expenses / month
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Financing Simulator

$
Required Down Payment
$
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Mortgage financing amount

$

Monthly Payment

$

CPU

$

GRM

Cashflow

Net Revenue $
Annual Mortgage Payment $
Cashflow After Loan $
Jérémy Ducasse
Jérémy Ducasse
|
Real Estate Broker
418-409-2071 jeremy.ducasse@pmml.ca
Property Photos
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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