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Income properties for sale
401, Chemin de Knowlton, Lac-Brome
$4,125,000
$4,125,000
Income properties for sale
401, Chemin de Knowlton, Lac-Brome
Features
Use of property
Residential
Year built
1993
Lot area
92,014 sqft
Number of units
Residential (69)
Residential units
44 x 1 ½, 4 x 2 ½, 21 x Loft/Studio
Potential gross revenue
$664,200
Description
Conversion project in Knowlton in Estrie! Completely vacant, ready for immediate start of work. Formerly an RPA, the building of more than 48,000 square feet includes several rooms, common areas, hair salon, kitchens, laundry room and more. PPCMOI approved for conversion into 42 housing units (34 x 3 ½ on average 810 sf and 8 x 4 ½ on average 1175 sf). Seller open to a BPV!
Centris No. 18245567
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $379,400 |
| Building | $3,388,100 |
| Total | $3,767,500 |
| Taxes | |
|---|---|
| Municipal (2025) | $26,800 |
| School (2024) | $3,110 |
| Total | $29,910 |
| Expenses | |
|---|---|
| Electricity | $42,448 |
| Insurance | $26,164 |
| Elevator(s) | $3,834 |
| Snow removal | $1,337 |
| Total | $73,783 |
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