4 bedrooms
2 bathrooms
Lot dimensions 422 m² (4 542.37 ft²)

Owners’ comments

Automated translation

Income building ($16,680/year) located in one of the most beautiful streets of downtown Montmagny.

Income building offering two modern dwellings with an interesting financial return. Current municipal valuation of $159,100 and approved valuation requested by the Caisse in 2014 with a market value at that time of $155,000. Sellers who can make it easier to get financing for the purchase!

Main rental characteristics

- A 5 ½ apartment on the ground floor, leased heating/lit, with glass roof, balcony and outdoor terrace

- A 4 ½ unit upstairs, leased heating/lit and semi-furnished (oven, fridge, washer, dryer, all bought new in 2015 and still in the same condition)

- The amount of lease rent in effect amounts to $16,680 annually for the period from July 1, 2019 to June 30, 2020

- Stable tenants admitted following complete CORPIQ investigations (credit, criminal plumitif, rental and employment references, etc.)

- Storage shed for tenants

- Insulated basement with concrete floor whose access rights belong to the owner

Main features of the building

- Located in downtown Montmagny close to all services

- 422 square meters of land requiring little maintenance

- With municipal services

- Electricity heating/two independent electricity meters

- Outside cellar Exit

Several improvement and maintenance work carried out since 2015:

2015

  • Renovations ?important? of the 4 ½ (floor, ceiling, kitchen, bathroom)
  • Transformation of the 4 ½ of an unfurnished to semi-furnished dwelling through the purchase of appliances (oven, refrigerator, washer, dryer)
  • Reconstruction of the part of the roof into asphalt shingles
  • Complete insulation of the exterior walls of the basement with gicled urethane

2016

  • Repair of part of the sheet metal roof for sealing of the chimney contour

    2017

    Restoration of the
  • water inlet
  • Solidification of the staircase allowing access to the 4 ½ (replacement of wood and concrete slab)

2018

  • Painting of patios, balconies and exterior

    stairs
Complete Description
Complete Description

Property features

Details
New price
Building dimensions
101.9 m² (1 096.84 ft²)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
3
Municipal evaluation's date
2019
Lot's municipal evaluation
$27,800
Building's municipal evaluation
$131,300
2 Bedroom
1
3 Bedroom
1
Bedrooms (total)
4

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle
  • Elastomer membrane
  • Sheet metal

Floor coverings:

  • Laminate
  • Ceramic
  • Linoleum

Windows:

  • Wood
  • PVC

Heating source:

  • Convectair
  • Electric

Electric system:

  • 125 amps
  • 200 amps
  • Breakers panel

Features:

  • Laundry room
  • Shed

Kitchen:

  • Melamine wood imitation finish
  • Island
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Separate Shower

Basement:

  • Concrete
  • Separate entrance
  • Unfinished

Upgrades:

  • Cabinets
  • Kitchen
  • Insulation
  • Floors
  • Bathrooms
  • Roof
  • Painting

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Residential area

Lot description:

  • Flat geography
  • Fenced
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Museum

Complete list of property features

$153,000
Information provided by the seller

Duplex

No. 848688

I sold !