Complete Listing

425 Arcand, Cap-de-la-Madeleine

Cost per Unit (CPU)
77 000 $
Gross Revenue Multiplicator (GRM) 12.4
Net Revenue Multiplicator (NRM) 20.3
Capitalization Rate (CAP)
4.9 %

Great 6 units located in the Cap-de-la-Madeleine area of Trois-Rivières, very close to the Alphonse-Desjardins sports complex. Building carefully maintained by the current owner (only 2 owners since construction). It includes 5 X 4.5 and 1 X 3.5 and has 1 parking per unit. Good clientele and easy for rental.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper, Pex and ABS
Condition of Kitchens 6 have been completely renovated
Condition of Bathrooms 6 have been completely renovated
Floor Covering Hard wood and laminated
Environmental Study No
Condition of Roof Elastomeric 2005
Siding Brick
Condition of Balconies Fiber glass
Condition of Doors Steel doors
Condition of Windows Good condition (changed in 1998)
Type of Parking Exterior
Intercom and Bell No
Fire System No
Janitor Agreement No

Construction

Year Built 1967
Building Type Brick and wood
Construction Type Detached
Number of Stories 2
Other Informations

Building type

Number of Units 5x4.5 + 1x3.5
Number of Parkings 6 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes
Laundry No
Other Informations 5 dishwasher entries

Significant capital expenditures since 10 years

  • Cornices (soffit and fascia) and gutters
  • Window sills changed - 2014
  • Ramps of the front balconies - 2014
  • Rear galleries renovated and new stairs - 2017
  • 3 units renovated (kitchen, bathroom, floor) - 2010
  • Replaced electrical inputs - 2010

Other informations

Possibility of adding 3 or 4 parking spaces on the side of the building (rue Patry - to be confirmed with the City

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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