$549,000

Investment For Sale In Saint-Jérôme, Quebec

$549,000

Property Information:

** 4Plex zoned commercial and residential** This four-unit building is ideally located in the heart of downtown Saint-Jérôme, within walking distance of all services, offering great potential for optimization. Contact us today for more information.

274-278 rue de Villemure, Saint-Jérôme

Number of units: 4
Zoning: Residential and Commercial
Potential gross income (PGR): $37,020
Gross income multiplier (GIM): 15.37x

Unit details:

- Unit 274 (2 ½) -- $605 (Inclusions: electricity, heat, hot water, stove and fridge)
- Logement 276 (5 ½) -- $1300 (Inclusions: electricity, heat, hot water)
- Logement 276B (3 ½) -- $625 (Inclusions : electricity, heating, hot water, stove, fridge, washer)
- Logement 278 (2 ½) -- $555 (Inclusions: electricity, heating, hot water, stove and fridge)

Nearby:

- Bars and restaurants
- Saint-Jérôme train station (750m)
- UQO (200m)
- Cégep de St-Jérôme (500m)

Recent work :

- Bathroom in unit 276 (2023).
- Floor in living room, 2 bedrooms and bathroom in unit 276 (2023)
- Electric furnace (2023)

Additional notes:
- 1 single HQ meter.
- Roof to be redone at seller's expense prior to deed of sale.
- Good tenants.

Building Features:

  • Style: Fourplex
  • Basement: 6 feet and more, Finished basement
  • Foundation: Poured concrete, Concrete blocks
  • Proximity: Highway, CEGEP, Hospital, Park, Bicycle path, Cross-country skiing, Commuter train, Public transportation, University
  • Roofing: Asphalt and gravel
  • Siding: Brick, Stone
  • Size: 25.0 x 30.0 Feet
  • Topography: Flat
  • Window Type: Sliding
  • Windows: Aluminum, PVC
  • Heating System: Hot water, Electric baseboard units
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $37,020

Taxes:

  • Municipal Tax: $3,498
  • School Tax: $166
  • Annual Tax Amount: $3,664

Property Assessment:

  • Lot Assessment: $62,100
  • Building Assessment: $196,900
  • Total Assessment: $259,000

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Built in: 1920
  • Irregular: Yes
  • Lot Depth: 50.0 Feet
  • Lot Frontage: 31.0 Feet
  • Lot Size: 1590.00 Square Feet
  • Zoning: COMM, RESI

Revenue Units:

  • Pieces 2
  • Bedrooms 1
  • Baths 1
  • Pieces 5
  • Bedrooms 3
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1
  • Pieces 2
  • Bedrooms 1
  • Baths 1

Courtesy of: Royal LePage Blanc & Noir

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

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