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498 Rue Montmagny 6 Unit Apartment Building Offered at $457,763 USD at a 8.77% Cap Rate Québec, QC G1N 3B5
EXECUTIVE SUMMARY
Great location (Carrefour 707) close to services, 6 unheated, unlit rented units with great potential for optimization including 4X3½ and 2X4½, income $56,040, building on street corner, beautiful windows. Included in the income of $56,040 is a free 3½ with potential of $850 / month or owner occupant. Must be sold with the land on Kirouac Street. Ideal for real estate project (developer).
PROPERTY FACTS
| Price | $457,763 USD | Property Type | Multifamily |
| Price Per Unit | $76,294 USD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 3,204 SF |
| Cap Rate | 8.77% | No. Stories | 2 |
| No. Units | 6 | Year Built | 1950 |
| Price | $457,763 USD |
| Price Per Unit | $76,294 USD |
| Sale Type | Investment |
| Cap Rate | 8.77% |
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.09 AC |
| Building Size | 3,204 SF |
| No. Stories | 2 |
| Year Built | 1950 |
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (76)
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498 Rue Montmagny
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