Quintuplex for sale

405, Rue de l'Hôtel-de-Ville, Farnham

$450,000 or
$450,000 or

Quintuplex for sale

405, Rue de l'Hôtel-de-Ville, Farnham

Features

Lifestyle
23850511 450000 /en/5plex~for-sale~farnham/23850511?view=Summary /fr/quintuplex~a-vendre~farnham/23850511 https://passerelle.centris.ca/redirect.aspx?NoMLS=23850511&Lang=E&source=centris.ca /en/5plex~for-sale~farnham/23850511/photos 45.2832400000 -72.9774770000 true
Use of property
Residential
Building style
Detached
Year built
1940
Lot area
5,731 sqft
Parking (total)
Driveway (4)
Number of units
Residential (5)
Residential units
4 x 4 ½, 1 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$80,112
Additional features
Basement 6 feet or +
78

Description

Fiveplex completely vacant offering TREMENDOUS potential for value increase to the investor who will have the chance to complete this wonderful renovation project. Potential income between $72,000 and $86,000. 5 units of 1000 sq ft each. Located in the heart of the famous Downtown Farnham undergoing revitalization, your units will rent out in a snap and your tenants will be extremely grateful for this fantastic area close to all shops and near the lake! Take advantage of the full growth of the City of Farnham to grow your portfolio! Hurry, this building is for you!
Centris No. 23850511

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

Charles-Olivier Sylvestre, Residential and Commercial Real Estate Broker

Charles-Olivier Sylvestre

Residential and Commercial Real Estate Broker

EXP AGENCE IMMOBILIÈRE

Real Estate Agency
EXP AGENCE IMMOBILIÈRE, Real Estate Agency

Location

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Discover Farnham

Population (2016) 8,909
Population variation between 2011 and 2016 7%
Population density 97 hab/km2
Unemployment rate (2016) 6%

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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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