$425,000

Triplex for sale

1890-1890A-1890B rue des Glaieuls Sorel-Tracy Montérégie (Rive-Sud Montréal)

No. 1136809

Quick occupancy possible
Apply for your Desjardins mortgage financing
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2 bedrooms
1 bathroom
Lot dimensions 6 913.66 ft² (642.3 m²)

Owners’ comments

Automated translation

Triplex with high potential Ideal for an investor or owner!
Asking price: $425,000
Address: 1890 Rue des Gladieuls, Sorel-Tracy, QC J3R 5B1

Property Description: Unique
opportunity to get your hands on a stable and well-located triplex in a family and sought after area of Sorel-Tracy. This building offers an excellent brick structure and an ideal configuration to maximize your income or to house your family.

Subdivision:

  • Housing Ground floor: 4 ½; 2 bedrooms, living room, kitchen and bathroom: $890 /month
  • Unit 1 in the basement: 3 ½ 1 bedroom, living room, kitchen and bathroom: $540/month
  • Unit 2 in the basement: 3 ½ 1 bedroom, living room, kitchen and bathroom: $540/month

Current earnings: $23,640/year

Note: Major rental optimization potential in the short and medium term during the next departure of tenants.

Strengths: Area of choice: Quiet residential street, close to parks, schools, bike paths and essential services in Sorel-Tracy.

Stability: Tenants in place for several years, ensuring a constant income from day one.

Note: The property requires some refreshing work if the buyer wishes to bring it up to date. The asking price was adjusted accordingly, offering a golden opportunity for the buyer to carry out the renovations to their liking and to significantly increase the building's net worth

.

Serious buyers with bank prequalification only.
To schedule a visit or get more details, contact me privately or by phone at 438 325

2498.
Complete Description
Complete Description

Property features

Asking Price
$425,000
Style
Detached
Details
Quick occupancy possible
Year of construction
1979
Building dimensions
100x50 ft (30.48x15.24 m)
Occupation rate
100
Number of parkings
4
Adapted for reduced mobility
Yes
Lot's municipal evaluation
$120,700
Building's municipal evaluation
$227,500
Annual income
$23,640.00
1 Bedroom
2
2 Bedroom
1

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Concrete block

Roof:

  • Asphalt shingle

Heating source:

  • Electric

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Garage:

  • Finished
  • Attached

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Near Commerce:

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

Near Educational Services:

  • College
  • Elementary school
  • High School
  • Daycare

Near Recreational Service:

  • Library
  • Sportif center
  • Golf course
  • Bicycle Path

Municipal services:

  • Aqueduct

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$17.11
$205.27
Municipal taxes
$335.60
$4,027.24
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$1,970.00
$23,640.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

Download the legal documents that you need

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$425,000

Triplex for sale

1890-1890A-1890B rue des Glaieuls Sorel-Tracy Montérégie (Rive-Sud Montréal)

No. 1136809

Quick occupancy possible
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
Send a message
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner
Send a message
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