All Multiplex For Sale Montreal-North
Profitable 17 units building for sale
12345 Av. Lapierre, Montreal-North, Montreal, H1G 3S3
$118.200 Annual Potential Revenue $107.100 Annual Effective Gross Revenue Well maintain property. About 90% units renovated! Great ratio income/price! 9.1 times actual income. Stable & good tenants. Roof 2003 still with warranty, all windows and patio doors changed about 4 years ago. Visits with Promise accepted. Be discrete, tenants are not aware of the sale. *The vacant unit is in the process of being rented. **Water tax is included in the Municipal Tax amount. ***Garage rented since November to April for $400 Inclusions 13 fridges, 13 stoves, 1 washer and 1 dryer. SUGGESTED ANALYSIS: (5% interest rate, 30 years) Down Payment 20%: $195,000 Mortgage : $44,686 Income: : $118,200 Expenses: : $38,954 Profit year $ : $34,559.93 Profit year % : 16.18%
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