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Income properties for sale
266 - 268, Rue Principale Est, Farnham
$2,350,000
$2,350,000
Income properties for sale
266 - 268, Rue Principale Est, Farnham
Features
Use of property
Residential, Commercial
Year built
1987
Available commercial area
6,120 sqft
Building area (at ground level)
6,763 sqft
Lot area
13,282 sqft
Number of units
Residential (5), Commercial (1)
Residential units
1 x 3 ½, 4 x 4 ½
Potential gross revenue
160,200 $
Description
Quality semi-commercial building located on Farnham's main artery, with a first floor occupied by an Opto-Réseau optometry center, guaranteeing rental stability, and five renovated residential units (4 ½) upstairs, attracting choice tenants. According to the seller, over $634,000 has been invested since 2021 in major renovations, in addition to other refurbishments. Booming sector, close to all services.
Centris No. 23888279
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $229,700 |
| Building | $1,133,100 |
| Total | $1,362,800 |
| Taxes | |
|---|---|
| Municipal (2024) | $18,779 |
| School (2024) | $524 |
| Total | $19,303 |
| Expenses | |
|---|---|
| Electricity | $2,352 |
| Insurance | $8,718 |
| Snow removal | $1,144 |
| Garbage | $3,720 |
| Recovery of expenses | -$29,131 |
| Total | -$13,197 |
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