Property Information:
8-unit multiplex located in the heart of Limoilou, close to amenities and public transit. Roof redone in 2015, majority of units renovated. Building with strong value-add potential. A great opportunity for an investor looking to add value.
8-unit multiplex (4 x 4½ and 4 x studios) located in the heart of Limoilou, close to amenities, public transit, and major roadways.
The building has benefited from ongoing investments over the years, notably a roof redone in 2015 and kitchens/bathrooms renovated in most units.
Potential gross revenue of $86,208/year.
A great revenue optimization opportunity.
Electricity is at the owner's expense.
The building has 4 electrical meters.
An ideal opportunity for an investor seeking an asset in a high-demand area, with real value-add potential.
Showings by accepted promise to purchase and upon proof of funds only.
Relevant information:
Windows and exterior facade cladding to be replaced in the medium term
Foundation cracks (basement) with water infiltration during heavy rain; drainage work done in the past (see seller's declaration for details and invoices)
Minor settling of the basement stairwell wall
Cracks in the brick joints above a kitchen window
Former oil tank removed during the electrical conversion
Unit 389-2 currently occupied, in original condition, not renovated
Electrical panels and service masts replaced around 2012.
See seller's declaration (DV) for the complete history of work performed
Full financial package, rent roll, and comparative market analysis available upon request for serious buyers.
Exclusions : Tenant's personal effects.
Building Features:
-
Association Amenities:
Balcony/terrace
-
Basement:
6 feet and more, Outdoor entrance, Partially finished
-
Common Walls:
Detached
-
Flooring:
Other, Ceramic
-
Foundation Details:
Poured concrete
-
Heating:
Electricity
-
Kitchen Cabinet Features:
Melamine
-
Lot Features:
Highway, Park, Elementary school, Public transportation, Flat
-
Roof:
Elastomeric membrane
-
Size:
15.25 x 13.72 METRE
-
Utilities:
Water Connected, Electricity Connected, Sewer Connected
-
Water Source:
Municipality
-
Window Features:
PVC, Sliding
-
Sewer:
Municipality
Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.
Sold without legal warranty of quality, at the buyer's own risk.
