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Income properties for sale

1 - 9, Terrasse Chartrand, Franklin

$7,995,000 or
$7,995,000 or

Income properties for sale

1 - 9, Terrasse Chartrand, Franklin

Features

Lifestyle
9435841 7995000 /en/multi-family-properties~for-sale~franklin/9435841?view=Summary /fr/multifamilial~a-vendre~franklin/9435841 https://passerelle.centris.ca/redirect.aspx?&CodeDest=RCIIQ&NoMLS=9435841&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~franklin/9435841/photos 45.0513643200 -73.8897681700 true
Use of property
Residential
Year built
2021
Lot area
94,360 sqft
Parking (total)
Driveway (61)
Number of units
Residential (36)
Residential units
36 x 4 ½
Potential gross revenue
$542,041
21

Description

5 buildings built between 2020 and 2022 comprising of a total of 36 units. All the apartments are large 4 1/2 of 950 sq.ft. The property is located in the municipality of Franklin, 1 hour south of Montreal, close to the US border (Churubusco customs). Quality construction with washer-dryer hookups, air conditioning, air exchanger, open concept kitchen, exterior storage, 61 parking spaces. Lots of rental demand in the area and good quality of tenants. Possibility to assume the existing advantageous CMHC financing. Excellent turn-key investment opportunity!
Centris No. 9435841

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Listing broker

Marc-André Knot, Commercial Real Estate Broker

Marc-André Knot

Commercial Real Estate Broker

IMMEUBLES GLORIA INC.

Real Estate Agency
IMMEUBLES GLORIA INC., Real Estate Agency

Location

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Discover Franklin

Population (2016) 1,636
Population variation between 2011 and 2016 -3%
Population density 15 hab/km2
Unemployment rate (2016) 4%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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