1360-1394 Rue Gérard-Malouin - Apartments FOR SALE


Nicolet, QC J3T 1T1
$1,875,000 CAD
418-953-4915
1360-1394 Rue Gérard-Malouin, Nicolet, QC for Sale
$1,875,000 CAD
Apartments - FOR SALE
1/1
null | 3.79% Cap Rate

1360-1394 Rue Gérard-Malouin
Nicolet, QC J3T 1T1


HIGHLIGHTS

  • Large lot that can accommodate a new construction
  • Building to be optimized, rents under the market
  • Well located in the center of the city, close to everything

OVERVIEW

NICE OPTIMIZATION PROJECT! Beautiful building with 22 apartments + LAND to build (value 300k-400k) located in Nicolet. It is composed of 6 x 5.5, 8 x 4.5 and 8 x 2.5 whose electricity, heating and hot water charge is the owner or the tenants as the case may be. Very large lot (separate lot) to build another building (under City approval). Above-ground dwellings

FOR SALE DETAILS

PRICE

$1,875,000 CAD

PRICE/SF

$103 CAD /SF

# OF UNITS

22

PRICE/UNIT

$85,227

CAP RATE

3.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,092 SF

ZONING

-

APN/PARCEL ID

5 045 251,5 422 453

ASK ABOUT THIS PROPERTY

418-953-4915

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418-953-4915

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