in Trois-Rivières

899,000 $
Description
6-unit four-sided brick multifamily, (4) x 4 ½, (2) x 3 ½. Rents below market value with potential for optimization. Two vacant units July 1st for renovation and income optimization by the investor: unit 1857-1, basement 3 ½ ($900.00), #1859 - 4 ½ ($1250$). Vacant 4 1/2 apt.1857#4, for rent 1095$/month as-is. Potential annual gross income July 2026 - $68,412. Gross Rent Multiplier (GRM - 13,14X). University area within walking distance. Parking available for all. Easy to rent. 80% financing first-time buyers or qualified residential financing (certain conditions apply) or 75% if commercial financing with standard CMHC. Excellent opportunity!
Highlights
Situated on valuable land allowing for up to 32 units.
Windows to be replaced - priced accordingly.
This sale is made without ANY legal warranty of title or quality at the BUYER's sole risk. The SELLER, however, does not waive the legal warranties given by previous owners and received by the SELLER upon acquisition of the property, which are hereby assigned to the BUYER.
Any correction and/or irregularity to the certificate of location, such as a required easement or title insurance, will be at the BUYER's expense, and is not guaranteed by the SELLER.
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