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Income properties for sale

639 - 657, boulevard Royal, Saint-Tite

$490,000 or
$490,000 or

Income properties for sale

639 - 657, boulevard Royal, Saint-Tite

Features

Lifestyle
20719105 490000 /en/multi-family-properties~for-sale~saint-tite/20719105?view=Summary /fr/multifamilial~a-vendre~saint-tite/20719105 /en/multi-family-properties~for-sale~saint-tite/20719105/photos 46.7244905100 -72.5674945200 true
Use of property
Residential
Year built
1938
Lot area
26,263 sqft
Parking (total)
Driveway (10)
Number of units
Residential (16)
Residential units
1 x 1 ½, 3 x 2 ½, 7 x 3 ½, 4 x 4 ½, 1 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$96,360
68

Description

Le deal du siècle! Investisseurs immobiliers soyez attentif ceci est une occasion à faire rêver! 94 200$/annuel en revenu potentiels de loyers + 4 500$/annuel de revenu potentiels en location d'espaces de roulottes et stationnements au festival western. Le prix demandé est de 4,45 fois les revenus, effectivement du jamais vue en matière de rentabilité. Actuellement les immeubles sont rénovés et beaucoup de logements sont dans un état presque neufs suite aux travaux, des gens attendent sur une liste. Actuellement revenus effectifs de 57 660$, revenus avec augmentations au 1er juillet 2024 59 460$ et finalement au plein potentiel 98 700$.
Centris No. 20719105

Financial details

Municipal assessment (2024)
Lot $49,700
Building $389,400
Total $439,100
Taxes
Municipal (2024) $20,245
School (2024) $399
Total $20,644
Expenses
Insurance $11,954
Snow removal $2,414
Total $14,368

Listing broker

Kathy Vincent, Certified Residential and Commercial Real Estate Broker

Kathy Vincent

Certified Residential and Commercial Real Estate Broker

Kathy Vincent

Chartered Residential and Commercial Real Estate Broker

Location

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Discover Saint-Tite

Population (2016) 3,673
Population variation between 2011 and 2016 -5%
Population density 40 hab/km2
Unemployment rate (2016) 8%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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