Complete Listing

524 23e Avenue, Lachine

Cost per Unit (CPU)
115 000 $
Gross Revenue Multiplicator (GRM) 14.1
Net Revenue Multiplicator (NRM) 21.4
Capitalization Rate (CAP)
4.7 %

8 unit building very well located, 5 minute walk from the waterfront and services. 6 x 5 1/2 + 2 x 4 1/2. 5 parking spaces in the back. Good potential for increasing income.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper and ABS
Condition of Kitchens Average
Condition of Bathrooms Average
Floor Covering Hardwood and vinyle
Environmental Study Yes
Condition of Roof Good condition
Siding Brick
Condition of Balconies Wood
Condition of Doors Rear doors changed
Condition of Windows Bon état
Type of Parking Exterior
Intercom and Bell Doorbell
Fire System Yes
Janitor Agreement Janitor on site without contract

Construction

Year Built 1961
Building Type Attached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units 6x5.5 + 2x4.5
Number of Parkings 5 spaces
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes, in all the units
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • The plumbing was redone in 2016
  • The apartment front doors have been changed in 2017
  • The doors of the rear balconies have been changed in 2017

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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