About This Property
Rare on the market! 2 buildings composed of 28 apartments with elevator and interior garage. Excellent tenants great revenues. Prime location in Lachute. Next to schools, services and all main highways. Great investment opportunity!
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- Saguy Elbaz
- 19,428.00 ft2 / 1,804.86 m2 - Lot size
- Year Built 2008
- $28,253 Taxes Municipal 2016
- $4,517 Taxes School 2015
Additional FeaturesWater supply: Municipality, Sewage system: Municipal sewer, Zoning: Residential
Impressive 2008 construction with 18 units, elevator and 15 interior garage spots and lockers. Mostly composed of 4.5 units with great divisions and open concept floor plans. Spacious kitchens with extended counters, inviting washrooms with washer & dryer entries.
191 argenteuil Exterior completely remodeled, with new windows, roof, balconies etc. Composed of town-house apartments separated on 2 floors. Main floor with kitchen, living room and bedroom. Basement with washer and dryer area and big second bedroom. each unit is approximately 1100 sq ft.
Maintenance from management company already in place and can be transferred to potential owner.
TypeTotal UnitsMonthly Revenue from
5 1/2 1 $600 4 1/2 20 $13,010 3 1/2 7 $4,320
Current revenue: $192,000. 3 vacant units (potential $1950/ month, $23 400 per year)
Operating expenses: Elevator(s)$3,173 Insurance $9,960 Management/Administration$5,040
The heating system in the garage is being replaced to gaz.