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INVESTMENT OPPORTUNITY
Asking Price:
$ 1,085,000
Gross Revenues:  
$ 90,060
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Revenue and Expenses Summary
Revenues - Residential  89,820$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 240$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 90,060$
Vacancies 3,144$
Gross Effective Revenues: 86,916$
Total Taxes: 13,895$
Total Expenses: 29,801$
Net Revenue: 57,115$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 12.05
N.R.M. (Net Rev. Multiplier): 19.00
Cost Per Unit: 98,636$
Sold Amount:
n/a
Sold Date:
n/a
Civic Number Street District
402 - COPERNIC AV LAVAL DES RAPIDES

Cross Street:

 
General Information
Property use: Residential
Residential units: 11 Units
Commercial units: 0 Units
Comm. area size: 0
   
Features
Parking inside: 0
Parking outside: 11
Elevators 0
Common Washers: 1
Common Dryers: 1
Building and Lot
Building type: Detached
Year Built: 1970
Building Stories: 3
Lot Area: 9856
Municipal Evaluation
Year:  2017-2019
Land:  295,700$
Building:  512,100$
Total:  807,800$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 3
1 bedroom: (3 ˝) 3
2 bedrooms: (4 ˝) 4
3 bedrooms: (5 ˝) 1
4 bedrooms & more: 0
Total nb. of Units: 11
Heating
Heating Energy: Natural Gas
Heating Type: Hot Water
Heating Paid By: Owner
   
Hot Water Heat: Naturel Gas
Hot Water Paid By: Owner
   
Notes:
*** Great property consisting of 11 large units in the heart of Laval-des-Rapides *** Close to all services : Cartier metro station, bus, IGA grocery, pharmacie and more. New aluminum windows in 2010, new high efficiency heating in 2011, breakers changed in 2004 Great potential - Excellent investment!