$699,900

6plex for sale - Laval (Laval-des-Rapides)

$699,900

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$699,900

6plex for sale - Laval (Laval-des-Rapides)

$699,900

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199 Av. Michaud, Laval (Laval-des-Rapides), H7N 3P3

Located just steps away from the Université du Québec à Laval, this income property is already generating stable and positive cash flow with three units currently rented. Its prime location, in close proximity to the university, makes it an ideal choice for students and professionals, ensuring a constant rental demand. Additionally, this property offers significant development potential. With further renovations, it could be converted into a sixplex, effectively doubling its income potential. Don't miss out on this investment opportunity!

  • Lot area: 4,963 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1965
DANY COLLARD
Real Estate Broker
Brokers tranquilit
JEAN-SIMON BOURQUE
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

42' X 32' Irregular

1965

Poured concrete

Asphalt shingles

Addenda
Particularities plusParticularities minus

All the necessary permits to carry out the work have already been acquired, allowing the renovations to begin without delay. This project offers great potential for development and space optimization, increasing the value and yield of the building.

UNITS ONCE RENOVATED APPROVED BY THE PPCMOI

3 1/2 (x2) - Of which 1 will be on two floors.
2 1/2 (x3)
Studio/Loft (x1)


LOCATION

-6 minutes from Métro grocery store
-7 minutes from Centropolis
-5 minutes on foot to Paul-Marcel-Maheu Park
-6 minutes from Place Bell
-6 minutes from St. Norbert Elementary School
-5 minutes from Montmorency College
-6 minutes from UQAM in Laval
-8 minutes from the Ambulatory Care Center

Building details and property interior
Particularities plusParticularities minus

42' X 32' Irregular

1965

Poured concrete

Asphalt shingles

Lot and exterior features
Particularities plusParticularities minus

71' X 69'11"

4,963.02 SF

Driveway : 4

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation , University

Residential

Characteristics
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Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Tenant's Effects Rent #6: Murphy bed, sofa, table and 2 chairs, refrigerator. Rent #2: Stove and refrigerator, single bed.

Not specified

Financial details
Particularities plusParticularities minus
Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
199 Av. Michaud, Laval (Laval-des-Rapides), H7N 3P3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 18.4%
  • 20.7%
  • 11.7%
  • 18.4%
  • 30.8%
  • 56.5%
  • 2.4%
  • 9.7%
  • 21.0%
  • 10.4%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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DANY COLLARD
Real Estate Broker
Brokers tranquilit
JEAN-SIMON BOURQUE
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
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