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$1,980,000
ULS: 17868618

8-15-Plex for sale - Longueuil (Le Vieux-Longueuil) (Montréal Sud)

1040 - 1056 Boul. Taschereau, Longueuil (Le Vieux-Longueuil) (Montréal South)
These are 8 residential condos in 1 single building. All the condos are currently owned by the same owner and he wishes to sell the entire property as well as all the leases to the same buyer. It is understood that there is no co-ownership document because it is still held as if it were an income property. Balance of sale price and/or mortgage assumption is possible. The notary will be chosen by the seller. There was water damage in recent years which was repaired by insurance and the basement apartments were redone.
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

2 Bedrooms
1 Bathroom

MARC-ANTOINE SOUTIERE

Residential and Commercial Real Estate Broker

RE/MAX PLATINE

PATRICK LALONDE

Certified Real Estate Broker, AEO

RE/MAX PLATINE

ALAIN SOUTIERE

Certified real estate broker

RE/MAX PLATINE

HELENE GERVAIS

Real Estate Broker

RE/MAX PLATINE

More inclusions:

1040=
Appliances, washer and dryer, kitchen table and sofa

1042=
Videotron, fully furnished

1044=
Appliances, washer and dryer

1046=
Appliances, washer and dryer

1048=
Appliances, washer and dryer

1050=
Fully furnished

1054=
Appliances, washer and dryer

1056=
Videotron, appliances, washer and dryer, living room set, parking space in the garage.


****RARE****
A real turnkey

Magnificent 8plex in Longueuil well renovated with good tenants. Garage rented to increase income which is $117,000 annually. These are 8 divided condos owned by the same owner who manages the building as an income property. The proximity to highways, bridges and schools make its location perfect for long-term rentals but also for AIRBNB rentals. In addition, its backyard is perfect for young families. There are 4 lofts, 3 x 4.5 and 1 x 3.5. The 4.5 are on two floors. The 9-foot ceilings, home automation and renovations from 2016-2017 make this project unique and perfect for investors. A real turnkey solution!

HIGHLIGHTS:
-Good income - $117,000
-8plex all divided condos
-Backyard
-Garage with income
-Building renovated interior and exterior
-2 minutes drive from the Jacques-Cartier Bridge
-9 foot ceilings
-Several lofts
-Home automation system
-Turnkey
-Renovation work - 2016:
- exterior wall, insulation, electricity, plumbing,
roofing, roof trusses, exterior cladding, floors,
kitchens, bathrooms.
Dimensions 70' 10" X 21' 4" irr.
Year constructed 1943
Windows PVC
Window Type Casement
Garage Detached
Basement 6 feet and more
Lot size 100' X 88' 6" irr.
Lot area 53.90 m²
Driveway Asphalt
Parking (total) Garage (2), Driveway (10)
Proximity Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University, Highway, CEGEP
Heating Energy Electricity
Property or unit amenity Fire detector (N)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2023)

Lot assessment
$ 243,600
Building assessment
$ 1,169,100
Total
$ 1,412,700

Taxes

Municipal (2023)
$ 10,992
School (2023)
$ 890
Total
$ 11,882

Annual expenses

Cable (TV)
$ 1,680
Snow removal
$ 500
Total
$ 2,180

Gross annual revenues (potential)

Residential
$ 108,600
Parking
$ 8,400
Total
$ 117,000

Inclusions

Home automation system, certain goods included in leases. Ask the brokers for the list or look at the addendum. The seller can have an agreement with the tenants so that they take/purchase the furniture included in their lease if everything can be favored by a buyer.

Exclusions

Tenants personal effects.

Desjardins

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