785 - 787 4e rue de la Pointe, Shawinigan

Asking Price

$399,500

Building area

5,030 SQ. Ft.

Property Description

Opportunity to invest in a 4 unit building located in the heart of Shawinigan and essential services. The building has a total of 3 x 3.5 + 1 x 4.5 . There is plenty of room for optimization and the property is in good condition.

Capital spendings in recent years

- Ground floor redone 5 years ago.

- Vinyl in apartment #3 in 2020.

Other information

The sale is made without legal guarantee of quality at the risk and peril of the buyer.

Location
Building description

General Information

Cadastral number3 460 738

Total Municipal Assessment

Total Municipal Assessment$ 224 600
Municipal Land Assessment$ 14 000
Municipal Building Assessment$ 210 600

Construction

Number of Storeys3
Type of BuildingIn a row
Type of ConstructionWood and brick
Year of Construction1939

Electromechanical System

Fire SystemN/A

Parking

Type of ParkingExtérieur
Number of Parking SpacesOn street

Area

Land Surface Area2 011 sq.ft

Building type

Laundry RoomN/A
Washer/Dryer InletYes, in each unit
Appliance ResponsibilityTenant
Heating ResponsibilityTenant / Owner
Hot Water ResponsibilityTenant / Owner

Features

PlumbingCopper / ABS
Condition of RoofElastomeric membrane / To be changed in 5 years
Condition of DoorsGood condition
Condition of BalconiesGood condition
Concierge AgreementYes
Intercom and DoorbellDoorbell
Heating SystemElectric baseboards
Hot Water SystemIndependent tanks
Condition of WindowsWood + PVC / Sliding / Crank (flapper) / Good condition
Condition of KitchensMelamine kitchen cabinets / Good overall condition
Electrical PanelsCircuit breakers
Exterior SidingSteel / Brick
Condition of BathroomsGood overall condition
Environmental ReportN/A
Floor CoveringVinyl / Floating floor / Ceramic
Income & Expenses

Revenue

UnitRDC
Sq. Ft.1 200
Rooms
Bedrooms
Bathroom
Monthly Rent
Lease ExpirationVacant
Washer and Dryer Entry
Remarques
The rental value is $1,000

Revenue

Current Amount
Total Revenue / month
Annual Total Revenue / year

Expense

Current Amount
Total Expenses / month
Annual Total Expenses / year
Net Revenue / month

Financing Simulator

$
Required Down Payment
$
years
%

Mortgage financing amount

$

Monthly Payment

$

CPU

$

GRM

Cashflow

Net Revenue $
Annual Mortgage Payment $
Cashflow After Loan $
Jessika Anne Ledingham
Jessika Anne Ledingham
Team Samuel & Jessika
Senior VP
|
Real Estate Broker | PMML Partner
514-549-8531 jessika-anne.ledingham@pmml.ca
Éloīse Rondeau
Éloīse Rondeau
Team Samuel & Jessika
|
Real Estate Broker
438-337-9059 eloise.rondeau@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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