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INVESTMENT OPPORTUNITY
Asking Price:
$ 825,000
Gross Revenues:  
$ 66,876
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Revenue and Expenses Summary
Revenues - Residential  65,496$
Revenues - Commercial 0$
Revenues - Garage/Parking 1,380$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 66,876$
Vacancies 1,965$
Gross Effective Revenues: 64,911$
Total Taxes: 5,495$
Total Expenses: 15,820$
Net Revenue: 49,092$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 12.34
N.R.M. (Net Rev. Multiplier): 16.81
Cost Per Unit: 103,125$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
3724 - 3738 GERTRUDE VERDUN

Cross Street:

Hickson  
General Information
Property use: Residential
Residential units: 8 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 1
Parking outside: 4
Elevators 0
Common Washers: 0
Common Dryers: 0
Building and Lot
Building type: Detached
Year Built: 1920
Building Stories: 3
Lot Area: 5000
Municipal Evaluation
Year:  2007-2010
Land:  139,400$
Building:  221,200$
Total:  360,600$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 2
2 bedrooms: (4 ˝) 4
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 2
Total nb. of Units: 8
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenant(s)
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenant(s)
   
Notes:
*** Residential revenue property consisting of 8 units - Electrically heated by tenants *** Near Centre Hospitalier de Verdun; Metro Stations Lasalle & De l'Église and all services, Street completely redone in 2009 with gardens; Stoves and fridges belong to the tenants, Washers & dryers hookups in all the apartments; 2 to 3 water thanks are rented but paid by tenants; Roof redone in 2005-2008 (50/50) costing app. $15,000$; Balconies are in fiberglass; 100AMP. Brakers in all aparts; New electric entrance and all Hydro cables; Brick work done 2009 approximately $6,000; Many units renovated; etc. Excellent rental area, well maintained and trouble free investment !!!