$880,000 +GST/QST
ULS: 26671610
8-15-Plex for sale - La Sarre (Centre-Ville)
121 5e Avenue E., La Sarre (Centre-Ville)
12 units rental property (4 commercial and 8 residential) rented with several long-term tenants, plus the basement which is used for storage. Building in good condition with elevator and requiring little maintenance. This building is part of a lot of four buildings sold together for the sum of $4,555,000. See addendum and contact us for more details.
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
Addendum
For more details regarding the real estate portfolio see MLS 23318634
The 3 other buildings sold in this lot are as follows:
A)Address: 649-655 2e Rue E, La Sarre, QC, J9Z 2Y9
Asking price: $1,900,000.00
MLS 19034975
B)Address: 95-105 5e Avenue E, La Sarre, QC, J9Z 3A8
Asking price: $870,000.00
MLS 25339527
C)Address: 80 12e Avenue E, La Sarre, QC, J9Z 2J5
Asking price: $905,000.00
MLS 26218957
Annual financial summary for the 4 buildings:
- Potential gross income: $612,696
- Effective gross income: $600,442
- Total expenditure: $222,756
- Net operating income: $377,686
The 3 other buildings sold in this lot are as follows:
A)Address: 649-655 2e Rue E, La Sarre, QC, J9Z 2Y9
Asking price: $1,900,000.00
MLS 19034975
B)Address: 95-105 5e Avenue E, La Sarre, QC, J9Z 3A8
Asking price: $870,000.00
MLS 25339527
C)Address: 80 12e Avenue E, La Sarre, QC, J9Z 2J5
Asking price: $905,000.00
MLS 26218957
Annual financial summary for the 4 buildings:
- Potential gross income: $612,696
- Effective gross income: $600,442
- Total expenditure: $222,756
- Net operating income: $377,686
Building details and property interior
Dimensions
89' 2" X 49' 2"
Year constructed
1989
Siding
Brick
Roofing
Elastomeric membrane
Dividing Floor
Other, Wood
Basement
6 feet and more, Unfinished
Lot and exterior features
Lot size
55' 6" X 115' 10" irr.
Lot area
1,364.90 m²
Driveway
Unpaved
Characteristics
Heating System
Electric baseboard units
Heating Energy
Other, Electricity
Fireplace-Stove
Pellet stove
Property or unit amenity
Intercom
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 75,700
- Building assessment
- $ 488,500
- Total
- $ 564,200
Taxes
- Municipal (2024)
- $ 12,843
- School (2023)
- $ 531
- Total
- $ 13,374
Annual expenses
- Management/Administration
- $ 2,240
- Insurance
- $ 4,302
- Superintendent
- $ 3,120
- Snow removal
- $ 1,000
- Maintenance
- $ 5,601
- Total
- $ 16,263
Energy expenses
- Electricity
- $ 6,330
- Total
- $ 6,330
Gross annual revenues (potential)
- Residential
- $ 69,768
- Commercial
- $ 44,052
- Total
- $ 113,820
Inclusions and exclusions
Mortgage payment calculator
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