$1,695,000
ULS: 26211808
8-15-Plex for sale - Saint-Jean-sur-Richelieu (Saint-Jean-sur-Richelieu)
1044 Boul. de Normandie, Saint-Jean-sur-Richelieu (Saint-Jean-sur-Richelieu)
12 units (6 x 2-1/2) and (6 x 3-1/2), 10 units already 100% renovated, rental prices adjusted according to the renovations. Very clean, windows 75% replaced, Bal morgage transferable at 2.57% until end of July 2024 with Desjardins. Very clean, respectful tenants and without problems.
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
Addendum
SCHL APH Select:
An innovative new multi-unit mortgage loan insurance product focused on affordability, accessibility and climate compatibility.
Thanks to APH Select, enjoy reduced premiums and longer amortization periods depending on your level commitment to affordability, accessibility and climate compatibility.
APH Select uses a points system to provide insurance incentives based on affordability, energy efficiency
and accessibility. Incentives will be offered for new construction, or existing properties.
The greater your commitment to social and environmental outcomes, the better the incentives. You can choose to invest in a single area, such as affordability, or combine commitments to increase your points and
your incentives.
With the CMHC APH Select program, the possible financing possibilities for this building are as follows:
*35 years: $1,125,000
*40 years: $1,175,000
*45 years old: $1,225,000
The building is ideal for this program, the apartments have been renovated for the majority and the rents adjusted accordingly to the renovations.
2020 100% renovations of 10 apartments.
Kitchen, bathroom, floors
Replace windows
Roof 2005 according to previous owner.
The laundry room has been closed by the fire dept. The addition of a stacked washer dryer for the use of tenants free of charge
The fire control panel was installed recently with the actual standards.
An innovative new multi-unit mortgage loan insurance product focused on affordability, accessibility and climate compatibility.
Thanks to APH Select, enjoy reduced premiums and longer amortization periods depending on your level commitment to affordability, accessibility and climate compatibility.
APH Select uses a points system to provide insurance incentives based on affordability, energy efficiency
and accessibility. Incentives will be offered for new construction, or existing properties.
The greater your commitment to social and environmental outcomes, the better the incentives. You can choose to invest in a single area, such as affordability, or combine commitments to increase your points and
your incentives.
With the CMHC APH Select program, the possible financing possibilities for this building are as follows:
*35 years: $1,125,000
*40 years: $1,175,000
*45 years old: $1,225,000
The building is ideal for this program, the apartments have been renovated for the majority and the rents adjusted accordingly to the renovations.
2020 100% renovations of 10 apartments.
Kitchen, bathroom, floors
Replace windows
Roof 2005 according to previous owner.
The laundry room has been closed by the fire dept. The addition of a stacked washer dryer for the use of tenants free of charge
The fire control panel was installed recently with the actual standards.
Building details and property interior
Dimensions
56' X 35'
Year constructed
1985
Windows
PVC
Window Type
Sliding
Siding
Brick
Roofing
Asphalt shingles
Basement
None
Lot and exterior features
Lot size
100' X 112' 6"
Lot area
11,249.36 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (12)
Proximity
Daycare centre, Golf, Hospital, Bicycle path, Elementary school, High school, Public transportation, CEGEP, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 328,700
- Building assessment
- $ 513,500
- Total
- $ 842,200
Taxes
- Municipal (2023)
- $ 12,717
- School (2022)
- $ 784
- Total
- $ 13,501
Annual expenses
- Insurance
- $ 6,151
- Snow removal
- $ 741
- Maintenance
- $ 2,400
- Total
- $ 9,292
Energy expenses
- Electricity
- $ 2,150
- Total
- $ 2,150
Gross annual revenues (potential)
- Residential
- $ 124,092
- Total
- $ 124,092
Inclusions and exclusions
Mortgage payment calculator
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