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$870,000 +GST/QST
ULS: 25339527

8-15-Plex for sale - La Sarre (Centre-Ville)

95 - 105 5e Avenue E., La Sarre (Centre-Ville)
12 units rental property (11 commercial and 1 residential) fully rented with several long-term tenants, plus rental of the roof. Building in excellent condition 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

2 Bedrooms
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: 254 3e Rue E, La Sarre, QC, J9Z 3B9
Asking price: $880,000.00
MLS 26671610
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 100' X 50' 2"
Year constructed 1989
Siding Aluminum
Roofing Elastomeric membrane
Dividing Floor Concrete
Basement 6 feet and more, Finished basement
Lot size 140' X 129'
Lot area 1,677 m²
Driveway Unpaved
Parking (total) Driveway (30)
Heating System Other, Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 111,600
Building assessment
$ 321,600
Total
$ 433,200

Taxes

Municipal (2024)
$ 12,804
School (2024)
$ 378
Total
$ 13,182

Annual expenses

Management/Administration
$ 2,298
Insurance
$ 3,056
Superintendent
$ 3,120
Snow removal
$ 1,000
Maintenance
$ 5,747
Total
$ 15,221

Energy expenses

Electricity
$ 13,314
Total
$ 13,314

Gross annual revenues (potential)

Residential
$ 8,748
Commercial
$ 105,348
Total
$ 114,096
Desjardins

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