120 - 124 Rue Principale N. , Windsor QC J1S2C9

Sale $398,000  | 
Listing # 15507469
Kitchen Kitchen Dining room
Agent

Jean-Francois Bérubé

Courtier immobilier agréé DA

Phone: 819.820.8363
Fax: 819.562.5590

jfberube@equipeberube.com
https://www.equipeberube.com
Agent Photo

Dominique Massicotte

Courtier immobilier résidentiel et commercial

Phone: 819.820.8363
Fax: 819.562.5590

dmassicotte@royallepage.ca
http://www.EquipeBerube.com

Royal LePage Évolution , Real Estate Agency (Independently owned and operated)

Real Estate Agency

1000 boul. Lionel-Groulx, bur. 202
Sherbrooke,  QC J1L 0H5

Phone: 819.565.3000
Fax: 819.565.3003
evolution@royallepage.ca

Remarks:

This 5plex represents an exceptional investment opportunity! Ideally located near all amenities. It offers two 5 1/2s, one 3 1/2 and two 2 1/2s. Currently generating stable income. What's more, the size of the lot is a major asset, offering a variety of development possibilities. A detached garage is also located at the rear. You have the opportunity to optimize the heating system, which can translate into substantial savings. This building presents a unique opportunity to maximize the return on your real estate investment. A must-see!
Gross building revenues include rental values for unit 122 (owner-occupied) and storage space.

The owner occupant of unit 122 reserves the right to sign a lease with the purchaser for $1050/month, with Hydro costs (heating, energy, hot water) to be paid by the purchaser. His garage space will also be included in the lease.

Revenues shown take into account the $1,050/month rental value of the owner-occupied dwelling, as well as the storage space currently vacant and posted for rent at $450/month.

This sale is made without legal warranty of quality and at the buyer's risk.

The lease of the dwelling at 122, rue Principale Nord, which will be rented to the vendor, Mrs. Cécile Coutu, will be effective as of the date of the deed of sale and will be for an indeterminate term. In fact, only Mrs. Coutu may terminate the lease at her own discretion by giving the owner 3 months' written notice. The buyer hereby irrevocably waives his right to repossess the dwelling located at 122, rue Principale Nord, in accordance with article 1957 of the Civil Code of Québec. This undertaking will be provided for in the notarial deed.
Inclusions:  According to leases.
Exclusions:  According to the owner's leases, property and furnishings.

Revenue Prop.

Building Style:
Lot Assessment: $48,300.00
Building Assessment: $197,500.00
Total Assessment: $245,800.00
Assessment Year: 2024
Municipal Tax: $4,775.00
School Tax: $163.00
Annual Tax Amount: $4,938.00 (2024)
Lot Frontage: 79.9 Feet
Lot Depth: 180.0 Feet
Lot Size: 14436.5 Square Feet
Building Width: 31.0 Feet
Building Depth: 54.6 Feet
No. of Parking Spaces: 5
Floor Space (approx): 3472.4 Square Feet
Built in: 1935
Bedrooms: 1
Bathrooms (Total): 1
Zoning: COMM, RESI

Building Features:

Driveway: Asphalt
Heating System: Hot water , Electric baseboard units
Water Supply: Municipality
Heating Energy: Electricity , Heating oil
Foundation: Poured concrete , Stone
Garage: Detached , Single width
Proximity: Highway , Park , Elementary school , High school
Basement: Low (less than 6 feet) , Unfinished
Parking: Driveway , Garage
Sewage System: Municipality
Lot: Bordered by hedges
Window Type: Sliding , Guillotine
Roofing: Asphalt shingles

Revenue Units

    • Pieces: 3
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 5
    • Bedrooms: 3
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 2
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 5
    • Bedrooms: 3
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Pieces: 2
    • Bedrooms: 1
    • Bathrooms: 1
    • Potential Monthly Revenue: $0.00
    • Potential Monthly Revenue: $0.00
    • Potential Monthly Revenue: $0.00
    • Potential Monthly Revenue: $0.00