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$799,000
ULS: 10186300

8-15-Plex for sale - Maniwaki (Maniwaki-Sud)

245 - 255 Rue Notre-Dame, Maniwaki (Maniwaki-Sud)
Welcome investors! Building with 6 residential and 3 commercial units. Leases with gross income of $99,900/year with further optimization potential. It is also possible to rent the 4 warehouses for an additional $8,400/year without making any changes to the property. The building offers you large, bright accommodation, a garage at the back, warehouses and a huge courtyard for your future project. Very well located in downtown Maniwaki, opposite the primary school, close to all services. Very good tenants. Highly in demand. Enormous potential for this large building which is an opportunity to be seized!
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 3,634.50 ft²

Property features

2 Bedrooms
1 Bathroom

ISABELLE MENARD

Residential and Commercial Real Estate Broker

RE/MAX DIRECT INC.

245-255 rue Notre-Dame, Maniwaki, J9E 2J5

+ Residential and commercial building, in 2 properties
+ 8 units and 1 duplex on the same lot
+ Several parking lots
+ Large lot in the city center
+ Land of 20,169 sf
+ Comfortable accommodation with large rooms including large living room and large bedrooms
+ Good neighbors and good tenants
+ Highly in demand
+ Ideal geographical location
+ Very close to the Trois Clochers recreational site

Unit details
+ 8 units includes 5 residential units (currently 4, a tenant occupies 2 units in 1) and 3 commercial premises (a tenant occupies 2 units, ground floor and basement)
+ Duplex includes two residential dwellings

Snow removal costs are an estimate, currently made by the owner.

** The sale price is taxable on approximately 30% of the price for the commercial part.
Dimensions 74' 2" X 54' irr.
Year constructed 1950
Living area 3,634.50 ft²
Lot size 229' X 100' 1" irr.
Lot area 20,169 ft²
Parking (total) Driveway (10)
Proximity Golf, Hospital, Daycare centre, Elementary school, High school, Park
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 37,200
Building assessment
$ 238,500
Total
$ 275,700

Taxes

Municipal (2024)
$ 13,547
School (2024)
$ 226
Total
$ 13,773

Annual expenses

Insurance
$ 7,263
Snow removal
$ 3,000
Total
$ 10,263

Energy expenses

Electricity
$ 10,341
Total
$ 10,341

Gross annual revenues (potential)

Residential
$ 53,100
Commercial
$ 40,800
Parking
$ 6,000
Other
$ 8,400
Total
$ 108,300

Inclusions

Hot water tank x4

Desjardins

Mortgage payment calculator

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