119, Rue Conrad, Laval (Laval-des-Rapides)

$1,100,000 |   Centris No. :  21452776

Income properties for sale in Laval (Laval-des-Rapides), Laval, 119, Rue Conrad, 21452776 - Centris.ca

Income properties for sale

Use of property
Residential
Year built
1960
Lot area
4,916 sqft
Parking (total)
Driveway (4)
Pool
Above-ground
Number of units
Residential (6)
Residential units
2 x 4 ½, 4 x 5 ½
Potential gross revenue
$60,324
Additional features
Basement 6 feet or +
79

FBG Commercial is proud to present this prime investment opportunity. This property consists of 6 spacious units, featuring 4 x 5 1/2 and 2 x 4 1/2 apartments. At the time of purchase, one 5 1/2 apartment will be vacant as it is the property owner who resides there, allowing immediate flexibility for a substantial rental increase. The average monthly rent across the building is $837, leaving significant room for rental upside. Each tenant is responsible for their own electricity costs. The property has a track record of steady occupancy, underscoring the strong rental demand in this area. Minor CAPEX investments is needed to maximize your ROI

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