Income property with 8 units of 4 ½, generating a gross annual income of $103,000. Excellent return with a gross revenue multiplier of 14.5. The building has been well maintained over the years: several units have been upgraded with vinyl flooring, renovated kitchens and bathrooms, as well as various plumbing improvements. A dual-energy heating system was installed in 2011, providing greater energy efficiency. This property is an excellent opportunity for investors seeking a stable, profitable, and well-managed building.
42' X 42'
1971
PVC
Sliding
Poured concrete
Brick
Asphalt and gravel
, Wood , Ceramic
Wood
42' X 42'
1971
PVC
Sliding
Poured concrete
Brick
Asphalt and gravel
, Wood , Ceramic
Wood
49'50" X 89'90"
4,453 SF
Fenced
Flat
Asphalt
Driveway : 5
, Highway , CEGEP , Daycare centre , Park , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , High school , Public transportation
Residential
Hot water
Dual energy
Municipality
Municipality
1 hot water tank of 60 gallons powered by gas.
Personal belongings of tenants.
My name is JOSEPH ODORISIO, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX DYNASTIE | 7556 Boul. Henri-Bourassa E., Montréal (Anjou), Québec, H1E 1P2
Hello, my name is JOSEPH ODORISIO, real estate broker. Contact me for more information.
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