2452 Boul. Royal, Shawinigan, QC G9N2W6 $2,425,000
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Description
We are delighted to present this 20 plex located in
Shawinigan, a rare and ideal opportunity for investors.
This property consists of 15 apartments of 4 1/2 and 5
apartments of 2 1/2.
Highlights:
Annual Gross Income: $202,620
Configuration: 15x 4 1/2, 5x 2 1/2
Expansion Potential: Possibility of adding 5 additional
dwellings in the basement, subject to approval by the city.
Sale Price: 11.96 times gross income
Partial Optimization: The building has already been
partially optimized, but there is still great potential to
increase its value.
Visits will be organized only upon accepted promise to
purchase, thus guaranteeing an efficient and secure process
for serious buyers.
Don't miss this opportunity to invest in a property with
potential
Shawinigan, a rare and ideal opportunity for investors.
This property consists of 15 apartments of 4 1/2 and 5
apartments of 2 1/2.
Highlights:
Annual Gross Income: $202,620
Configuration: 15x 4 1/2, 5x 2 1/2
Expansion Potential: Possibility of adding 5 additional
dwellings in the basement, subject to approval by the city.
Sale Price: 11.96 times gross income
Partial Optimization: The building has already been
partially optimized, but there is still great potential to
increase its value.
Visits will be organized only upon accepted promise to
purchase, thus guaranteeing an efficient and secure process
for serious buyers.
Don't miss this opportunity to invest in a property with
potential
Inclusions:
Exclusions : N/A
| BUILDING | |
|---|---|
| Type | |
| Style | Detached |
| Dimensions | 84x86 P |
| Lot Size | 8295 PC |
| EXPENSES | |
|---|---|
| Insurance | $ 9762 / year |
| Energy cost | $ 2520 / year |
| Municipal Taxes (2024) | $ 21877 / year |
| School taxes (2024) | $ 419 / year |
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ROOM DETAILS |
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|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
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CHARACTERISTICS |
|
|---|---|
| Basement | 6 feet and over, Finished basement, Separate entrance |
| Equipment available | Alarm system |
| Roofing | Asphalt and gravel |
| Proximity | Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport |
| Siding | Brick |
| Window type | Crank handle, Hung |
| Distinctive features | Environmental study phase 1, Environmental study phase 2 |
| Landscaping | Fenced |
| Available services | Jet system, Laundry room, Yard |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
| Zoning | Residential |