8 bedrooms
8 bathrooms
Lot dimensions 2 340 ft² (217.39 m²)

Owners’ comments

Automated translation

8 homes located in the heart of the Homa neighborhood, with revenues of $66,580. on July 1, 2024. 7 large apartments of 3 1/2 and one 2 1/2, as well as a laundry room for tenants. A 5-minute walk from Joliette subway station. Great potential for increased revenue. Rents fixed between $600 and $720 per month. Tenants selected with attention.

Electricity and heating at the expense of the tenants (except for the 2 1/2). Each unit has a large back balcony with shed. Backyard equipped with 3 private parking lots communicating with the

alley.

Several renovations carried out over the last few years. 2015 roof. Brick wall 2013. Water inlet 2011. Balconies, doors and kitchens.

Very well located building a few steps from Place Valois and Promenade Ontario. Grocery store, pharmacy and restaurants and SAQ

.

Visit the homes with an accepted purchase offer only.

Sale without legal warranty.

Complete Description
Complete Description

Property features

Asking Price
$1,295,000
Style
Link
Details
With income
Year of construction
1958
Building dimensions
1 200 ft² (111.48 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-West
Number of parkings
3
Municipal evaluation's date
2024
Lot's municipal evaluation
$282,600
Building's municipal evaluation
$899,300
Taxes year
2024
Studio
1
1 Bedroom
7
Bedrooms (total)
8

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Hardwood

Windows:

  • Aluminium

Heating source:

  • Electric

Electric system:

  • Breakers panel

Bathroom:

  • Bath and shower

Basement:

  • Low (6 feet or under)

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Near park
  • Public transportation

Near Commerce:

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

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

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

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Living room
Storey: 1st floor
Dimensions: 15' x 10' (4,57 m x 3,05 m)
Flooring: Hardwood
Apartment kitchen
Storey: Other
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Hardwood
Bathroom
Storey: Other
Dimensions: 5' x 10' (1,52 m x 3,05 m)
Flooring: Ceramic
Bedroom
Storey: Other
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$71.13
$853.61
Municipal taxes
$626.39
$7,516.65
Electricity
$115.83
$1,390.00
Insurance
$418.00
$5,016.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,548.33
$66,580.00

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.

Need the form?

Documents to download

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.

$1,295,000

6 units or more for sale

3875 de Rouen

Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 1073763

With income
Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.