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$1,974,900
ULS: 21263493

5-6-7-Plex for sale - Longueuil (Saint-Hubert) (Centre)

2508 Rue Racine, Longueuil (Saint-Hubert) (Central)
Discover an exciting investment opportunity in a rapidly growing and highly desirable community just 20 minutes from Montreal. This impressive 7-unit building offers exceptional potential for steady and reliable rental income, with a gross revenue of $96,000 per year. With 11 convenient parking spots, including 4 in the garage, this property is a magnet for tenants seeking both comfort and convenience. Boasting a prime location and situated in a thriving community, this 7 Plex is perfectly positioned for long-term profitability. Great potential to optimize the revenue

Property features

3 Bedrooms
1 Bathroom

MARTY WAITE

Real Estate Broker

RE/MAX DIRECT INC.

- Great potential to optimize the rents
- Amazing location!
- walking distance to a grocery store, shops and a clinic
- Metro system that allows you to quickly get to surrounding areas. Perfect for tenants.
- 14 storage units. 7 outdoor and 7 indoor
- 11 parking spaces. 7 outdoor and 4 in the garage
- all units have 3 bedrooms and 1 bathroom
- indoor staircase, common area
- 7 AC units
- spacious apartments, all with laundry in-unit
- 7 balconies
Dimensions 58' 1" X 41' 2"
Year constructed 2006
Siding Brick, Stone
Roofing Asphalt shingles, Sheet metal
Garage Double width or more, Built-in
Lot area 9,111.65 ft²
Topography Flat
Driveway Asphalt
Parking (total) Driveway (7), Garage (4)
Proximity Metro, Park, Public transportation, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 338,600
Building assessment
$ 1,046,500
Total
$ 1,385,100

Taxes

Municipal (2024)
$ 12,225
School (2024)
$ 1,279
Total
$ 13,504

Annual expenses

Insurance
$ 4,234
Snow removal
$ 1,675
Garbage
$ 585
Lawn
$ 515
Total
$ 7,009

Energy expenses

Electricity
$ 480
Total
$ 480

Gross annual revenues (potential)

Residential
$ 101,568
Total
$ 101,568

Inclusions

7 hot water tanks

Desjardins

Mortgage payment calculator

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