Income properties for sale
17, Rue Principale, Gracefield, Neighbourhood Gracefield (centre)
$895,000
$895,000
Income properties for sale
17, Rue Principale, Gracefield, Neighbourhood Gracefield (centre)
Features
Use of property
Residential
Year built
1950
Lot area
7,567 sqft
Number of units
Residential (10)
Residential units
4 x 3 ½, 5 x 4 ½, 1 x 5 ½
Potential gross revenue
$86,760
Description
Investment opportunity you can't miss in the municipality of Gracefield. 10 units consisting of 1 x 5.5 + 6 x 4.5 + 3 x 3.5. Two new units created in 2020 and the other 8 were completely redone in 1993 including plumbing and electricity. Since that time, there has been multiple renovations have been made such as flooring, certain bathrooms and kitchens, windows, and more. The owner takes great care of the property and has very good tenants.
Centris No. 16146731
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $29,600 |
| Building | $212,000 |
| Total | $241,600 |
| Taxes | |
|---|---|
| Municipal (2024) | $18,998 |
| School (2024) | $205 |
| Total | $19,203 |
| Expenses | |
|---|---|
| Electricity | $2,449 |
| Insurance | $4,533 |
| Total | $6,982 |
See all financial details