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Multi-family home for sale in Tétreauville

USD 872,817

Multi-family home (For sale)

2 bd
1 ba
4,316 sqft
lot 3,348 sqft
Reference: EDEN-T96246141 / 96246141
Building with 6 residential units located across from the Souligny bike path, in an area still affordable and promising a bright future due to developments in the east of Montreal. Very advantageous financing to be assumed by the buyer (2.21%, amount of $832,000 as of July 1, 2024) and potential refinancing in APH Select in 2 years to recover approximately 75% of the initial down payment. See addendum for more detailsHere is a brief description of the 6 units, all rents mentioned are those that will be effective on July 1, 2024:* Ground Floor Left (9569): 2-bedroom unit in good condition, includes the left portion of the backyard. Rented for $1,069 with lease since July 2019.* Ground Floor Right (9571): 2-bedroom unit in poor condition. Includes the right portion of the backyard. Rented for $726 with lease since July 1999.* 2nd Floor Left (9573): 2-bedroom unit + office space in good condition. Rented for $1,000 with lease since November 2023.* 2nd Floor Right (9579): 2-bedroom unit + office space in ordinary condition. Rented for $785 with lease since 2015.* 3rd Floor Left (9575): 2-bedroom unit + office space in good condition. Rented for $1,150 with lease since November 2023.* 3rd Floor Right (9577): 2-bedroom unit + office space in good condition. Rented for $1,037 with lease since December 2023.Tenants are responsible for electricity. Foundation and structural stabilization work was done by Système Sous-Sol Québec in 2015, and a follow-up visit was conducted in February 2024 to ensure everything was still compliant. Roof replaced in 2011.A standard CMHC financing was secured in 2021 at a rate of 2.21%, with a 35-year amortization. The balance in July 2024 will be approximately $832,000, and the term expires in July 2026. The new buyer can refinance with the APH Select program (100 points) in 2026 and withdraw approximately $300,000 in equity.Visits will only take place under accepted purchase offer.
Please email us to receive all relevant information about the building. INCLUSIONS
-- EXCLUSIONS
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View more View less Immeuble de 6 logements résidentiels situé en face de la piste cyclable de Souligny, dans un secteur encore abordable et promis à un bel avenir en raison des travaux dans l'est de Montréal. Financement très avantageux à assumer par l'acheteur (2.21%, montant de 832,000$ au 1er juillet 2024) et refinancement potentiel en APH Sélect dans 2 ans pour récupérer environ 75% de la mise de fond initiale. Voir addenda pour plus de détails. Voici une brève description des 6 logements, tous les loyers mentionnés sont ceux qui seront effectifs au 1er juillet 2024:* RDC Gauche (9569): Logement de 2 chambres en bonne condition, inclut la portion gauche de la cour arrière. Loué 1,069$ et bail depuis juillet 2019.* RDC Droit (9571): Logement de 2 chambres en mauvaise condition. Inclut la portion droite de la cour arrière. Loué 726$ et bail depuis juillet 1999.* 2e étage Gauche (9573): Logement de 2 chambres + espace bureau en bonne condition. Loué 1,000$ et bail depuis novembre 2023.* 2e étage Droit (9579): Logement de 2 chambres + espace bureau en condition ordinaire. Loué 785$ et bail depuis 2015.* 3e étage Gauche (9575): Logement de 2 chambres + espace bureau en bonne condition. Loué 1,150$ et bail depuis novembre 2023.
* 3e étage Droit (9577): Logement de 2 chambres + espace bureau en bonne condition. Loué 1,037$ et bail depuis décembre 2023.L'électricité est aux frais des locataires. Des travaux de stabilisation des fondations et de la structure ont été fait par Système Sous-Sol Québec en 2015 et une visite de suivi a été faite en février 2024 pour s'assurer que tout était encore conforme. Toiture 2011.
Un financement SCHL (Standard) a été contracté en 2021 à un taux de 2.21%, amortissement de 35 ans. Le solde en juillet 2024 sera d'environ 832,000$ et le terme expire en juillet 2026. Le nouvel acheteur pourra se refinancer avec le programme APH Sélect (100 points) en 2026 et retirer environ 300,000$ d'équité.
Les visites auront lieu sous offre d'achat acceptée seulement.
Écrivez-nous un courriel afin de recevoir toute l'information pertinente sur l'immeuble. INCLUSIONS
-- EXCLUSIONS
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Building with 6 residential units located across from the Souligny bike path, in an area still affordable and promising a bright future due to developments in the east of Montreal. Very advantageous financing to be assumed by the buyer (2.21%, amount of $832,000 as of July 1, 2024) and potential refinancing in APH Select in 2 years to recover approximately 75% of the initial down payment. See addendum for more detailsHere is a brief description of the 6 units, all rents mentioned are those that will be effective on July 1, 2024:* Ground Floor Left (9569): 2-bedroom unit in good condition, includes the left portion of the backyard. Rented for $1,069 with lease since July 2019.* Ground Floor Right (9571): 2-bedroom unit in poor condition. Includes the right portion of the backyard. Rented for $726 with lease since July 1999.* 2nd Floor Left (9573): 2-bedroom unit + office space in good condition. Rented for $1,000 with lease since November 2023.* 2nd Floor Right (9579): 2-bedroom unit + office space in ordinary condition. Rented for $785 with lease since 2015.* 3rd Floor Left (9575): 2-bedroom unit + office space in good condition. Rented for $1,150 with lease since November 2023.* 3rd Floor Right (9577): 2-bedroom unit + office space in good condition. Rented for $1,037 with lease since December 2023.Tenants are responsible for electricity. Foundation and structural stabilization work was done by Système Sous-Sol Québec in 2015, and a follow-up visit was conducted in February 2024 to ensure everything was still compliant. Roof replaced in 2011.A standard CMHC financing was secured in 2021 at a rate of 2.21%, with a 35-year amortization. The balance in July 2024 will be approximately $832,000, and the term expires in July 2026. The new buyer can refinance with the APH Select program (100 points) in 2026 and withdraw approximately $300,000 in equity.Visits will only take place under accepted purchase offer.
Please email us to receive all relevant information about the building. INCLUSIONS
-- EXCLUSIONS
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Reference: EDEN-T96246141
Country: CA
City: Hochelaga-Maisonneuve
Postal code: H1L2V5
Category: Residential
Listing type: For sale
Property type: Multi-family home
Property size: 4,316 sqft
Lot size: 3,348 sqft
Rooms: 4
Bedrooms: 2
Bathrooms: 1
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