Income properties for sale
199, Avenue Michaud, Laval (Laval-des-Rapides)
$699,900
Features
Use of property
Residential
Year built
1965
Building area (at ground level)
4,963 sqft
Parking (total)
Driveway (4)
Number of units
Residential (6)
Residential units
6 x 3 ½
Potential gross revenue
$36,504
Additional features
Basement 6 feet or +
Description
Located just steps away from the Université du Québec à Laval, this income property is already generating stable and positive cash flow with three units currently rented. Its prime location, in close proximity to the university, makes it an ideal choice for students and professionals, ensuring a constant rental demand. Additionally, this property offers significant development potential. With further renovations, it could be converted into a sixplex, effectively doubling its income potential. Don't miss out on this investment opportunity!
Centris No. 26078191
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Financial details
Municipal assessment (2024) | |
---|---|
Lot | $243,400 |
Building | $193,900 |
Total | $437,300 |
Taxes | |
---|---|
Municipal (2024) | $5,677 |
School (2024) | $377 |
Total | $6,054 |
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