Complete Listing

4004 Rg du Cordon, Saint-Alexis

Cost per Unit (CPU)
63 000 $
Gross Revenue Multiplicator (GRM) 11.7
Net Revenue Multiplicator (NRM) 19.6
Capitalization Rate (CAP)
5.1 %

Building with 6 apartments ( 1 x 5.5 + 3 x 4.5 + 2 x 3.5 ) located between Sainte-Julienne and Rawdon. All the apartments are rented. The property offers many possibilities for the buyer. A purchase with little downpayment and great yield increase potential. Reliable tenants. Electricity at the tenants' expense. No basement.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper, steel and ABS
Condition of Kitchens Good
Condition of Bathrooms Good
Floor Covering Laminated
Environmental Study No
Condition of Roof A part of the roof was replaced in 2019
Siding Wood
Condition of Balconies N/A
Condition of Doors N/A
Condition of Windows Good condition
Type of Parking Exterior
Intercom and Bell No
Fire System No
Janitor Agreement No

Construction

Year Built 1960
Building Type Wood
Construction Type Detached
Number of Stories 2
Other Informations

Building type

Number of Units 1x5.5 + 3x4.5 + 2x3.5
Number of Parkings 12 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes
Laundry No
Other Informations

Other informations

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER

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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Pictures