« Back to the homepage

INVESTMENT OPPORTUNITY
Asking Price:
$ 1,060,000
Gross Revenues:  
$ 77,100
Picture



    
Revenue and Expenses Summary
Revenues - Residential  75,300$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 1,800$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 77,100$
Vacancies 2,636$
Gross Effective Revenues: 74,465$
Total Taxes: 7,962$
Total Expenses: 27,237$
Net Revenue: 47,228$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 13.75
N.R.M. (Net Rev. Multiplier): 22.44
Cost Per Unit: 88,333$
Sold Amount:
$ 1,040,000
Sold Date:
2019-02
Civic Number Street District
6920 - 031E AV ROSEMONT

Cross Street:

BELANGER  
General Information
Property use: Residential
Residential units: 12 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 0
Parking outside: 0
Elevators 0
Common Washers: 1
Common Dryers: 1
Building and Lot
Building type: Detached
Year Built: 1966
Building Stories: 2 1/2
Lot Area: 3157
Municipal Evaluation
Year:  2017-2019
Land:  222,900$
Building:  583,700$
Total:  806,600$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 3
1 bedroom: (3 ˝) 9
2 bedrooms: (4 ˝) 0
3 bedrooms: (5 ˝) 0
4 bedrooms & more: 0
Total nb. of Units: 12
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenants
   
Hot Water Heat: Natural Gas
Hot Water Paid By: Owner
   
Notes:
*** Superb 12 units building in the heart of Rosemont *** Next to Bélanger street, close to all transports, bus, and services Recent renovations include: roof redone (2015), electrical pannel breakers, etc. Electrical heating paid by tenants, gas hot water heating paid by owner Good quality of tenants, excellent investment opportunity !