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INVESTMENT OPPORTUNITY
Asking Price:
$ 3,050,000
Gross Revenues:  
$ 332,700
Picture
    
Revenue and Expenses Summary
Revenues - Residential  326,700$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 6,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 332,700$
Vacancies 9,801$
Gross Effective Revenues: 322,899$
Total Taxes: 24,803$
Total Expenses: 103,936$
Net Revenue: 218,963$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 9.17
N.R.M. (Net Rev. Multiplier): 13.93
Cost Per Unit: 59,804$
Sold Amount:
$ 3,000,000
Sold Date:
2010-04
Civic Number Street District
6165 - SHERBROOKE RUE O NOTRE DAME DE GRACE

Cross Street:

GRAND  
General Information
Property use: Residential
Residential units: 51 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 7
Parking outside: 0
Elevators 1
Common Washers: 2
Common Dryers: 2
Building and Lot
Building type: Semi-Detached
Year Built: 1960
Building Stories: 4.5
Lot Area: 9100
Municipal Evaluation
Year:  2007-2010
Land:  291,000$
Building:  1,469,000$
Total:  1,760,000$
Number of Units
Studio(s): (1 ½) 29
Alcove: (2 ½) 12
1 bedroom: (3 ½) 10
2 bedrooms: (4 ½) 0
3 bedrooms: (5 ½) 0
4 bedrooms & more: 0
Total nb. of Units: 51
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** 4.5 storey building with elevator consisting of 51 residential units (first 2 floors are concrete) *** Located near Concordia University, parks and all services; Newer thermo windows replaced in December, 2007, Newer high efficiency heating system and equiped with indoor & outdoor sensors replaced in 2007 All very large apartments, 2.5 size apts. are lager than average without a closed bedroom Well maintained, always fully rented and very solid building with lots of potentiel !!!