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$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

DANIEL RICHARD

Certified real estate broker

RE/MAX HARRICANA INC.

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
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 size 55' 6" X 115' 10" irr.
Lot area 1,364.90 m²
Driveway Unpaved
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 (2024)
$ 499
Total
$ 13,342

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
$ 70,488
Commercial
$ 44,412
Total
$ 114,900
Desjardins

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