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INVESTMENT OPPORTUNITY
Asking Price:
$ 3,900,000
Gross Revenues:  
$ 404,604
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Revenue and Expenses Summary
Revenues - Residential  383,904$
Revenues - Commercial 0$
Revenues - Garage/Parking 9,300$
Revenues - Laundry 11,400$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 404,604$
Vacancies 9,598$
Gross Effective Revenues: 395,006$
Total Taxes: 33,156$
Total Expenses: 155,590$
Net Revenue: 239,417$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 9.64
N.R.M. (Net Rev. Multiplier): 16.29
Cost Per Unit: 86,667$
Sold Amount:
$ 3,900,000
Sold Date:
2010-03
Civic Number Street District
1595 - 1635 1615 DUDEMAINE RUE AHUNTSIC

Cross Street:

Avenue du Bois-de-Boulogne  
General Information
Property use: Residential
Residential units: 45 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 27
Parking outside: 0
Elevators 0
Common Washers: 2
Common Dryers: 2
Building and Lot
Building type: Detached
Year Built: 1966
Building Stories: 3 1/2
Lot Area: 8242
Municipal Evaluation
Year:  2007-2010
Land:  527,300$
Building:  1,728,800$
Total:  2,256,100$
Number of Units
Studio(s): (1 ½) 0
Alcove: (2 ½) 0
1 bedroom: (3 ½) 15
2 bedrooms: (4 ½) 30
3 bedrooms: (5 ½) 0
4 bedrooms & more: 0
Total nb. of Units: 45
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** Three residential revenue property consisting of a total of 45 units (3 * 15 units each) *** Located near parks and all services; All hardwood floors, Many upgrades have been done including the following: All 3 roofs redone since 2004, Hot water thanks have been replaced in 2006 costing approx. $15,000; Approximatly 9 apartments electric panels were replaced to Brakers, Lots of brick pointing has been done including replaced window seals, Very well maintained and administered buildings !!!