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$1,499,000
ULS: 28532308

8-15-Plex for sale - Longueuil (Le Vieux-Longueuil) (Fatima)

30 Rue de l'Église, Longueuil (Le Vieux-Longueuil) (Fatima)
Must be sold with 40 Eglise Centris#16518670. Discover a solid investment opportunity with 2 x 8Plex's. 16 spacious 4.5 condominium-style apartments, all featuring electric heating paid by tenants. Built in 1987, these units boast modern layouts ideal for tenants. Under the care of the same owners since its construction, the property has undergone numerous upgrades over the years, including renovations to the roof, windows, doors, balconies, and more. Strategically located just 20 minutes from Downtown Montreal, between the 25 and Jacques-Cartier Bridge, this property offers convenience and accessibility.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 557.10 m²

Property features

2 Bedrooms
1 Bathroom

SPYROS DOURAKIS

Certified real estate broker

RE/MAX DU CARTIER INC.

Starting July 2024, the following rent income ($/month) will be effective:
#1: 790, #2: 830, #3: 830, #4: 960, #5: 830, #7: 850, #8: 810

Renovations:
+ Roof (2008)
+ Windows (2010): double thermos (apartments) and single thermos (stairway)
+ Front patio doors (2012): double thermos
+ Back patio doors (2013): double thermos
+ Front railings (2017): aluminum
+ Back balcony (2014): fiberglass & aluminum railings
+ 5 kitchens: kitchen cabinets & counters & tiled backsplashes
+ All kitchens: ceramic tiles
+ 6 bathrooms
+ Floating floors: dining room, living room, bedrooms
+ Front entrance and stairway (2021): LED lighting
+ Cement slab (2-inch) between the floors
Dimensions 35' 2" X 54' 6"
Year constructed 1987
Living area 557.10 m²
Dividing Floor Wood, Concrete
Washer/Dryer (installation) Bathroom (RC)
Basement 6 feet and more, Finished basement
Renovations Fenestration (2010), Roof covering (2008)
Lot area 1,414.49 m²
Water (access) Access (FLEUVE)
Driveway Asphalt
Parking (total) Driveway (9)
Proximity CEGEP, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, Public transportation, University, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Rented Equipment (monthly) Water heater (8, 120)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2020)

Lot assessment
$ 601,200
Building assessment
$ 356,000
Total
$ 957,200

Taxes

Municipal (2024)
$ 8,777
School (2023)
$ 865
Total
$ 9,642

Annual expenses

Insurance
$ 3,561
Equipment (rental)
$ 1,152
Total
$ 4,713

Energy expenses

Electricity
$ 600
Total
$ 600

Gross annual revenues (potential)

Residential
$ 81,540
Other
$ 4,260
Total
$ 85,800
Desjardins

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