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INVESTMENT OPPORTUNITY
Asking Price:
$ 1,795,000
Gross Revenues:  
$ 134,292
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Revenue and Expenses Summary
Revenues - Residential  134,292$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 134,292$
Vacancies 4,029$
Gross Effective Revenues: 130,263$
Total Taxes: 14,657$
Total Expenses: 41,415$
Net Revenue: 88,848$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 13.37
N.R.M. (Net Rev. Multiplier): 20.20
Cost Per Unit: 112,188$
Sold Amount:
$ 1,700,000
Sold Date:
2019-10
Civic Number Street District
1007 - 1017 PACIFIQUE AV LACHINE

Cross Street:

DES ERABLES  
General Information
Property use: Residential
Residential units: 16 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 0
Parking outside: 18
Elevators 0
Common Washers: 0
Common Dryers: 0
Building and Lot
Building type: Semi-Detached
Year Built: 1987
Building Stories: 3 1/2
Lot Area: 1154
Municipal Evaluation
Year:  2017-2019
Land:  380,800$
Building:  984,200$
Total:  1,365,000$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 0
2 bedrooms: (4 ˝) 16
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 16
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenants
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenants
   
Notes:
*** Beautiful property consisting of 2 X 8-plex in the heart of Lachine *** Tenants pay electrical heating and utilities ; Washer and Dryer hookups in all apartment ; Private parking available Next to Highway 20 and 13, Mercier bridge, near all services and transports, 10 minutes drive to Airport and Downtown Montreal Great quality of tenants with strict screening procedures, 100% rented with electronic payments Turn-key property management, excellent investment opportunity!