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Income properties for sale
410 - 424, Rue Papineau, Québec (La Cité-Limoilou), Neighbourhood Vieux Limoilou
$635,000
$635,000
Income properties for sale
410 - 424, Rue Papineau, Québec (La Cité-Limoilou), Neighbourhood Vieux Limoilou
Features
Use of property
Residential
Year built
1915
Number of units
Residential (6)
Residential units
3 x 3 ½, 2 x 4 ½, 1 x 5 ½
Potential gross revenue
48,816 $
Description
6 units located in a promising neighborhood just steps from Centre Vidéotron. The building comprises 1 x 5.5, 2 x 4.5 and 3 x 3.5 units, all of which are rented unheated, unlit and without hot water. There is a possibility of 2 parking spaces and each tenant benefits from a balcony to the front and rear. Building with good optimization potential.
Centris No. 19460263
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $233,000 |
| Building | $352,000 |
| Total | $585,000 |
| Taxes | |
|---|---|
| Municipal (2024) | $7,883 |
| School (2025) | $420 |
| Total | $8,303 |
| Expenses | |
|---|---|
| Electricity | $957 |
| Insurance | $3,789 |
| Total | $4,746 |
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