Income properties for sale
349 - 353, Rue de l'Hôtel-de-Ville, Farnham
$1,197,000
Features
Use of property
Residential, Commercial
Year built
1875
Available commercial area
From 1,650 sqft to 3,300 sqft
Living area
9,432 sqft
Lot area
16,734 sqft
Parking (total)
Driveway (20)
Number of units
Residential (8), Commercial (2)
Residential units
7 x 3 ½, 1 x 4 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$106,032
Description
Rare Opportunity! Semi-commercial building in a prime Farnham location. This 10-unit property features 8 residential apartments and 2 commercial spaces, offering a fantastic investment opportunity. Completely rebuilt in 2014, with new kitchens, bathrooms, flooring, electrical, plumbing, and windows--plus a roof updated in 2009. Situated on a large lot with 20 parking spaces, the property also offers the potential to build an additional 6plex. With below-market rents, there's significant upside potential for revenue growth. Fully rented and turn key.
Centris No. 25174185
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Financial details
Municipal assessment (2023) | |
---|---|
Lot | $245,700 |
Building | $819,800 |
Total | $1,065,500 |
Taxes | |
---|---|
Municipal (2025) | $15,682 |
School (2025) | $585 |
Total | $16,267 |
Expenses | |
---|---|
Gas | $4,833 |
Insurance | $13,963 |
Snow removal | $805 |
Garbage | $2,892 |
Internet | $1,392 |
Total | $23,885 |
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