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285-289 Boul Iberville 15 Unit Apartment Building $2,750,000 CAD ($183,333 CAD/Unit) 7.47% Cap Rate Repentigny, QC J6A 2A4
INVESTMENT HIGHLIGHTS
- Located close to amenities.
- Located close to school.
- Well maintained building.
EXECUTIVE SUMMARY
Opportunity to acquire a mixed-income building, located on the corner of Boulevard Iberville and Rue Cherrier and close to the highway exit. This property offers you 10 residential units of type 4 1/2 as well as 5 commercial units, thus offering diversified income potential. This building has potential for future improvements to increase the value of your investment. Whether you are an experienced investor or considering your first mixed-use property acquisition, this is an opportunity not to be missed. Annual income of $220,903.
PROPERTY FACTS
| Price | $2,750,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $183,333 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7.47% | Building Size | 3,478 SF |
| No. Units | 15 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | ||
| Zoning | C2-075 | ||
| Price | $2,750,000 CAD |
| Price Per Unit | $183,333 CAD |
| Sale Type | Investment |
| Cap Rate | 7.47% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 3,478 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | C2-075 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
1 1
Walk Score®
Very Walkable (78)
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285-289 Boul Iberville
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