Triplex in Trois-Rivières
10
319,000 $
3|
1|
208.8 mc
Description
Renovation project for a GENERAL CONTRACTOR or HANDYMAN. Fully stripped building, 1145 sq ft ground floor and second floors, 100% vacant, offering the possibility of creating three apartments: one 5 1/2 and two 3 1/2. Estimated potential gross income of $41,280 yearly, broken down into $1,450, $995, and $995 monthly rents, all unheated and unlit. *Revenues are estimated based on comparable properties for a TRIPLEX building that has undergone major renovations. (see addendum & sellers's declaration)
Highlights
Year built
1944
Living area
208.8 mc
Potential gross revenue
41,280 $
Basement
6 feet and over
Siding
Brick, Stone, Vinyl
Roofing
Elastomer membrane
Parking (total)
Outdoor
Zoning
Residential
Heating energy
1X thermopompe
Windows
PVC
Water supply
Municipality
Driveway
Asphalt
Foundation
Poured concrete
Sewage system
Municipal sewer
Taxes
Municipal Taxes (2026)
2 347 $
School taxes (2026)
156 $
Total
2 503 $
Municipal evaluation(2026)
Land
76 000 $
Building
196 800 $
272 800 $
Asking price - $319,000. The building is vacant and will be financed against the estimated project value. Based on the GRM (Gross Revenu Multiplier) of 16.25X after renovations, expected market value based on comparables is estimated at $670,000. Proof of funds of 35% of the final estimated value is required for the contractor to advance renovation costs. It will be necessary for the contractor or the buyer to provide a renovation estimate to the financial institution for the loan and progressive disbursements. *The estimated renovation amount may vary depending on the contractor's project. In the end, only 20% of the down payment will remain in the project. The building will easily meet the needs of an owner-occupant upon resale. Excellent location near Sainte-Marie Hospital (CIUSSS MCQ), CEGEP, university, and downtown. Easy to visit. Call now!
Life Style
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