785-795 14e Av., Lachine
785-795 14e Av., Lachine
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785-795 14e Av., Lachine
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Mobile Home Details

  • Model: 1960
  • Listing ID: 761176
  • Point2 ID: 213992540
  • Posted On: Dec 14, 2016
  • Updated On: Dec 14, 2016

Description

32 Units located in Lachine. 18 X 3 ½ and 14 X 4 ½. Electric heating. Heating, hot water and electricity paid by tenant. Units are all in good condition. Building with very low rent and lot of potential to increase. New roof in 2014. **Addendum*Revenue Property *Renovations (2014)- Roof covering **InclusionsAs per leases.**ExclusionsAs per leases.** Number of Units 32 - Residential18 Unit(s) - 3 1/2 type14 Unit(s) - 4 1/2 type ** Total - 32** Potential Gross Revenue (2016-05-02) * Residential $208,320 * Commercial - * Parking/Garages * Other - $1,680 ** Total - $210,000.** Effective Gross Revenue - $210,000.** Operating Expenses * Municipal Taxes (2016) - $22,830 ; * School Taxes (2016) - $4,247 ; - Infrastructure Taxes - Business Taxes - Water Taxes * Energy - Electricity - $1,750; - Energy - Heating Oil * Energy - Gas - ; * Elevator(s) * Insurance - $12,106; - Cable (TV) - ; - Superintendent - $6,000; - Sanitary Container - Snow Removal * Maintenance ; -Equipment (Rental) - Common Expenses - Management/Administration - Garbage - Lawn - Advertising - Security - Recovery of expenses ** Total Operating Expenses - $46,933** Net Operating Revenue - $163,067. *** Monthly Revenue (residential) - 32 unit(s)****Annual Potential Gross Revenue $208,320 (2016-08-26)** **Other Monthly Revenue**Annual Potential Gross Revenue $1,680 (2016-08-26)**

Brokered And Advertised By: Royal LePage Heritage
Listing Agent: Amy Assaad

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