STEEL AND CONCRETE REVENUE PROPERTY WITH 24 DWELLINGS Canada

REVENUE PROPERTY FOR SALE

MULTI DWELLING OF 24 UNITS    (12 x 3 1/2 and 12 x 4 1/2)
CONSTRUCTION 2003 STEEL AND CONCRETE, ALL BRICKED

24 dwellings for sale steel and concrete construction
(12 x 3 1/2 and 12 x 4 1/2)

3 floors
Brick building with poured cement floors, walls and ceilings
with a steel frame

The 3 1/2 have an area of 750 sf and the 41/2 of 930 sf
Lots of kitchen cabinets in each unit, large 8′ x 12′ concrete balconies

Roof 4 slopes, 3 slopes changed in 2021
New patio doors changed in 2022

Heated, light and hot water provided, assigned outside parking spaces 

Each lease with signed tenants regulations

Built on a plot of 3,246.6 m² or 34,946 square feet

Environmental Phase 1 completed

Public transportation close-by with terminus parking lot

Commercial and community services nearby

Easy access to # 112 and HWY # 10

Surrounded by new developments

CUSTOMERS:

Tenants aged 55 and over

Always fully rented (rents presently not at market level)
Waiting list for tenants

Real estate management firm

INCLUDED: 

Garden shed with locker spaces
1990 Inter 685 tractor for snow removal
Lawn tractor

Hydraulic lifting platform
Swings

REVENUE           $268,000

EXPENSES              68,434

NET INCOME        200,366

Price per door 

$198,958