Income properties for sale
82, Route 338, Coteau-du-Lac
$1,200,000
$1,200,000
Income properties for sale
82, Route 338, Coteau-du-Lac
Features
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 +
Description
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.
Centris No. 22148568
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.