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INVESTMENT OPPORTUNITY
Asking Price:
$ 1,875,000
Gross Revenues:  
$ 179,960
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Revenue and Expenses Summary
Revenues - Residential  174,720$
Revenues - Commercial 0$
Revenues - Garage/Parking 2,240$
Revenues - Laundry 3,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 179,960$
Vacancies 6,563$
Gross Effective Revenues: 173,397$
Total Taxes: 16,208$
Total Expenses: 67,320$
Net Revenue: 106,077$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 10.42
N.R.M. (Net Rev. Multiplier): 17.68
Cost Per Unit: 69,444$
Sold Amount:
$ 1,875,000
Sold Date:
2017-03
Civic Number Street District
7040 - PAPINEAU ROSEMONT

Cross Street:

Jean Talon E.  
General Information
Property use: Residential
Residential units: 27 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 15
Parking outside: 0
Elevators 0
Common Washers: 1
Common Dryers: 1
Building and Lot
Building type: Attaché
Year Built: 1966
Building Stories: 4
Lot Area: 4560
Municipal Evaluation
Year:  2016-2019
Land:  330,400$
Building:  1,467,600$
Total:  1,798,000$
Number of Units
Studio(s): (1 ˝) 8
Alcove: (2 ˝) 2
1 bedroom: (3 ˝) 17
2 bedrooms: (4 ˝) 0
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 27
Heating
Heating Energy: Gaz Naturel
Heating Type: Eau Chaude
Heating Paid By: Propriétaire
   
Hot Water Heat: Gaz Naturel
Hot Water Paid By: Propriétaire
   
Notes:
*** Residential revenue property consisting of 27 units *** located near Metro Fabre, Cegep de Rosemont, Rosemont Hospital schools, parks, etc. Renovated in 2002 (to be verified by the Buyer): Doors and windows; Balconies and railings; Kitchens and bathrooms; replaced most of the plumbing; 100Amp. electrical panels; one new hot water tanks 2016; All appartments are in excellent condition ! A real beauty !!!