82, Route 338, Coteau-du-Lac

$1,200,000 |   Centris No. :  22148568

Income properties for sale in Coteau-du-Lac, Montérégie, 82, Route 338, 22148568 - Centris.ca

Income properties for sale

Use of property
Multi-family dwelling
Year built
1958
Building area (at ground level)
6,579 sqft
Lot area
80,045 sqft
Parking (total)
Driveway (22)
Number of units
Residential (22)
Residential units
22 x 1 ½
Potential gross revenue
$137,760
Additional features
Bicycle storage area, Basement 6 feet or +
24

Here's the business opportunity you've been waiting for, former motel converted into rooming-house of 22-bedroom and 22-bathroom. All rooms have 1-year leases, 13 of which are rented to a local company, and the rate of vacancies and bad debts is practically non-existent. The rooming house offers extremely attractive income, and to top it all off, the land is zoned for multi-family buildings of up to 6 storeys. Possibility of more than 96 dwellings on the lot.

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