$7,750,000
36 units for sale - Franklin
$7,750,000
$7,750,000
36 units for sale - Franklin
$7,750,000
SHARE THIS PROPERTY
Next Open House
PRINT THIS PROPERTY
See in Google Street view
1 - 9 Tsse Chartrand, Franklin, J0S 1E0
Excellent opportunity for an investor who wants to benefit from a good interest rate and an excellent return on his down payment. *** VERY INTERESTING MORTGAGE ASSUMPTION *** REVENUE OF 475K AND EXPENSE OF 114K FOR A NET INCOME OF 361K. Really exciting !!! Integrated project of 5 buildings for a total of 36 units. Construction 2020,2021 and 2022! All 4 1/2 are good size. Get out your calculator it's worth the cost to calculate the price per door, the MRB, the MRN, the TRI, etc,. More details on request and see the addendum.
-
Lot area:
66,785 SF - NUMBER OF ROOMS : 0
- Year built : 2021
Building details and property interior
88'5" X 44'2" Irregular
2021
PVC
Concrete slab on ground
Brick , Vinyl
Asphalt shingles
Addenda
Integrated project of 5 buildings for a total of 36 units
- 3 buildings of 8 apartments for a total of 24
- 2 buildings with 6 apartments for a total of 12
*** See the certificates of location for the dimensions of the 5 buildings.
Addresses:
1 rue de la Terrasse-Chartrand, Franklin, const. 2021
3 rue de la Terrasse-Chartrand, Franklin, const. 2021
5 rue de la Terrasse-Chartrand, Franklin, const. 2020
7 rue de la Terrasse-Chartrand, Franklin, const. 2022
9 rue de la Terrasse-Chartrand, Franklin, const. 2022
- 36 apartments of 4 1/2
- 18 balconies for the upper units
- Electricity and heating are at the expense of the tenants.
- 61 parking spaces
- Each unit has its independent entrance
- No common air
Other details :
- 36 air exchangers
- 36 hot water tanks
- 36 central vacuums and acc.
- 16 wall-mounted heat pumps
- 20 wall mounted air conditioners
- 5 large sheds for a total of 36 outdoor storage spaces
- Waste container and recycling container.
* All apartments are rented and lots of optimization potential *
* Visit on accepted purchase offer only *
National Bank 1.50%, AMORT. 35 YEARS, term. 5 years,
Desjardins 2.50%, AMORT. 40 YEARS, term. 5 years,
Desjardins 2.50%, AMORT. 40 YEARS, term. 5 years,
National Bank 3.80%, AMORT. 40 YEARS, term. 5 years,
National Bank 3.80%, AMORT. 40 YEARS, term. 5 years,
Total INCOME from July 1, 2023: $475,440
EXPENSES
Municipal taxes $56,300 Normalized
School taxes $3,600 Normalized
Insurance $14,301 Current
Management $23,772 Normalized (5%)
Garbage/recycling: $10,826 Current
Snow removal: $2,500 Current
Lawn: $3,000 Current
Total expenses: $114,299
Net income: $361,141
Building details and property interior
88'5" X 44'2" Irregular
2021
PVC
Concrete slab on ground
Brick , Vinyl
Asphalt shingles
Lot and exterior features
66,784.68 SF
Asphalt
Driveway : 61
, Highway , Park , Elementary school
Characteristics
Electric baseboard units
Central vacuum cleaner system installation , Wall-mounted air conditioning , Air exchange system , Outside storage , Wall-mounted heat pump
Municipality
Municipality
Included & Excluded
16 wall-mounted heat pumps, 20 wall-mounted air conditioners, 36 air exchangers, 36 hot water tanks, 36 central vacuums and accessories, 5 large sheds for a total of 36 outdoor storage spaces, waste container and recycling container.
Lots of tenants
Financial details
Assessment
Taxes
Gross yearly revenu (potential)
Annual Expenses
NEIGHBOURHOOD STATISTICS
-
20.7%
-
22.1%
-
28.1%
-
15.8%
-
10.1%
-
85.3%
-
4.9%
-
3.4%
-
3.6%
-
0.0%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Taxes
Gross yearly revenu (potential)
Annual Expenses
My name is MIGUEL OTINIANO, RE/MAX real estate broker. How may I help you?
Do you have a question?
MIGUEL OTINIANO
RE/MAX DU CARTIER | 3193 rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve), Québec, H1W 1P1
- Ofc. : 438-227-8437 |
- Cell. : 514-641-6836
- Fax : 514-278-2109
Visit my website
Get more details
Hello, my name is MIGUEL OTINIANO, real estate broker. Contact me for more information.
You must log in on your MY/REMAX account to add properties in your favorites.
LOGIN
CREATE ACCOUNTMy RE/MAX
New user?
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
