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| Asking Price: |
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Gross Revenues:
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Picture |
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Revenue and Expenses Summary |
| Revenues - Residential |
470,256$ |
| Revenues - Commercial |
0$ |
| Revenues - Garage/Parking |
0$ |
| Revenues - Laundry |
5,000$ |
| Revenues - Other |
0$ |
| Recovery of Expenses |
0$ |
| Gross Potential Revenues |
475,256$ |
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| Vacancies |
18,810$ |
| Gross Effective Revenues: |
456,446$ |
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| Total Taxes: |
35,504$ |
| Total Expenses: |
145,749$ |
| Net Revenue: |
310,696$ |
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Financial Summary |
| G.R.M. (Gross Rev. Multiplier): |
8.84 |
| N.R.M. (Net Rev. Multiplier): |
13.52 |
| Cost Per Unit: |
54,545$ |
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| Civic Number |
Street |
District |
| 2915 - 2925
|
HENRI BOURASSA BL E
|
AHUNTSIC
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Cross Street: |
J.J. GAGNIER & ST-MICHEL
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General
Information
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Property use: |
Residential |
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Residential
units: |
77
Units |
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Commercial units: |
0
Units |
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Comm.
area size: |
0 |
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Features |
| Parking inside: |
|
8 |
| Parking outside: |
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0 |
| Elevators |
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0 |
| Common Washers: |
|
2 |
| Common Dryers: |
|
2 |
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Building
and Lot |
| Building type: |
Detached |
| Year Built: |
1966 |
| Building Stories: |
3 1/2 |
| Lot Area: |
20592 |
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Municipal
Evaluation |
| Year: |
2007-2010 |
| Land: |
547,500$ |
| Building: |
1,924,500$ |
| Total: |
2,472,000$ |
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|
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Number of
Units |
| Studio(s): |
(1 ½) |
23 |
| Alcove: |
(2 ½) |
13 |
| 1 bedroom: |
(3 ½) |
27 |
| 2 bedrooms: |
(4 ½) |
13 |
| 3 bedrooms: |
(5 ½) |
1 |
| 4 bedrooms & more: |
0 |
| Total nb. of Units: |
77 |
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Heating |
| Heating Energy: |
Natural Gas |
| Heating Type: |
Hot Water |
| Heating Paid By: |
Owner |
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| Hot Water Heat: |
Oil |
| Hot Water Paid By: |
Owner |
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| Notes:
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| *** Two residential revenue property totalling 77 units (possibility of building 3 additional units in the garage) ***
Located near CEGEP, Parks, Public transport and all services;
All hardwood finished floors, Environmental analysis completed, Many renovations in 2005: Windows & doors; Balconies; Kitchens and bathrooms; etc., 3 additional 3.5 apartments can be built in the basement @ a monthly rental value of app. 625$ each !!!
90% of the rent paid within the first days of the month - few vacants !!! |
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