A few steps from the sea, incredible investment opportunity to seize today located in the heart of Rivière-Au-Renard (Capital of Fisheries). Mixed-use building (residential and commercial) having been well maintained over the years. Several recent renovations (See addendum). Includes 5 residential units, one of which is an Airbnb unit. There is also a commercial space of 675 square feet serving as a restaurant which is currently rented. This building generates very interesting income! Generates over $52,000 in revenue per year. Who is feeling lucky!
Sale without legal warranty of quality, at the buyer's risk and peril.
Renovations carried out in apartment 161-3: - Upgrading of rough electrical installations and replacement of electrical accessories; - Rough plumbing upgrade and replacement of plumbing fixtures; - Repair of the coating of interior walls and ceilings; - Replacement of floor coverings; - Replacement of kitchen cabinets and vanity; - Replacement of interior doors; - Interior painting and finishing works.
Outbuildings and annexes: 4' 6'' X 9' basement entrances (access to apartments 161-2, 161-3 and 161-4)
Airbnb link for Apartment 161-3 (possible occupancy): https://www.airbnb.ca/rooms/577655180892288113?adults=1&check_in=2023-08-22&check_out=2023-08-29&source_impression_id=p3_1687551321_4RYymgT9RqQKBNi4&previous_page_section_name=1000&federated_search_id =b9ae0ccc-5038-49e5-a571-f7e2877995d9
Building details and property interior
Dimensions
40' 2" X 48' 9" irr.
Year constructed
Unknown
Windows
PVC
Siding
Other, Vinyl
Roofing
Asphalt shingles
Basement
6 feet and more, Partially finished
Lot and exterior features
Lot size
120' 1" X 124' 1"
Lot area
1,384.40 m²
Topography
Flat
View
View of the water, View of the mountain
Parking (total)
Driveway (12)
Proximity
Park, Elementary school, Alpine skiing, CEGEP, Cross-country skiing, Public transportation, High school, Daycare centre, Golf, Hospital
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 32,700
Building assessment
$ 171,800
Total
$ 204,500
Taxes
Municipal
(2023)
$ 9,368
School
(2022)
$ 177
Total
$ 9,545
Annual expenses
Insurance
$ 4,760
Total
$ 4,760
Gross annual revenues (potential)
Residential
$ 43,392
Commercial
$ 18,000
Total
$ 61,392
Inclusions and exclusions
Inclusions
All furniture & appliances + crockery + utensils + cookware - sofa bed - table + 4 chairs - lingerie in apartment #1 - rented in airbnb.
Exclusions
All tenants' personal effects & furniture and all equipment, furniture, and others of the commercial premises.