Investment property with lots of potentials. Two buildings, of 18 apartments each in a much desired Brossard neighborhood with a 0% vacancy rate and a waiting list. Large units over two-story with 1.5 baths, ideal for families. beneficial mortgage for assumption at 1.7%. One of the best growth areas in Montreal/Montregie. Major work in the past three years 1) Front portion of roof for 2405 (all of the roofs for both buildings have been done in the past 5 years) 2) all windows and patio doors changed in 2021 3) French drains redone for both buildings in 2021 4) all balconies for 2405 changed in 2021 (2385 is also in great shape) 5) Mailboxes changed in 2018 6) all Water heaters changed in 2018-2019
MLS#: 18751262
Property type: N/A
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About this property
Property
| Category | Revenue property |
| Building Type | Detached |
| Year of Construction | 1986 |
| Building Size | 220.60x55.10 F |
| Building Surface Area | 12155 |
| Lot Area Dimensions | 283x F |
| Lot Surface Area | 51272 SF |
Details
| Water supply | Municipality |
| Sewage system | Municipal sewer |
| Zoning | Residential |
Rooms Description
Rooms: 0
Bedrooms: 0
Bathrooms + Powder Rooms: 0 + 0
Not available for this listing.
Inclusions
Not available for this listing.
Exclusions
Not available for this listing.
Commercial Property
Not available for this listing.
Units
| Total Number of Floors | 3 |
| Total Number of Units | 36 |
Revenue Opportunity
Not available for this listing.
Renovations
Not available for this listing.
Rooms(s) and Additional Spaces - Intergenerational
Not available for this listing.
Assessment, Property Taxes and Expenditures
| Expenditure/Type | Amount | Frequency | Year |
|---|---|---|---|
| Building Appraisal | $ 3,265,200.00 | 2022 | |
| Lot Appraisal | $ 1,671,800.00 | 2022 | |
| Total Appraisal | $ 4,937,000.00 | 2022 | |
| Insurance | $ 20,325.00 | Yearly | |
| Other | $ 5,174.00 | Yearly | |
| Caretaking | $ 11,880.00 | Yearly | |
| Snow removal / Lawn mowing | $ 4,311.00 | Yearly | |
| Maintenance / Repairment | $ 19,800.00 | Yearly | |
| Energy cost | $ 5,000.00 | Yearly | |
| Water taxes | $ 6,806.00 | Yearly | 2022 |
| Municipal Taxes | $ 33,759.00 | Yearly | 2022 |
| School taxes | $ 3,659.00 | Yearly | 2022 |