349Z - 353Z Rue de l'Hôtel de Ville
Farnham, QC J2N
MLS: 21381787
$1,198,000
0
Bedrooms
0
Baths
0
Powder Rooms
1875
Year Built
Description
Rare Opportunity! Semi-commercial building in a prime Farnham location. This 10-unit property features 8 residential apartments and 2 commercial spaces, offering a fantastic investment opportunity. Completely rebuilt in 2014, with new kitchens, bathrooms, flooring, electrical, plumbing, and windows--plus a roof updated in 2009. Situated on a large lot with 20 parking spaces, the property also offers the potential to build an additional 6plex. With below-market rents, there's significant upside potential for revenue growth. Fully rented and turn key.
The revenues of the commercial spaces will be going up by
$524.13/month in 12 months.
| BUILDING | |
|---|---|
| Type | Commercial building/Office |
| Style | Detached |
| Dimensions | 0x0 |
| Lot Size | 16733.6 PC |
| EXPENSES | |
|---|---|
| Municipal Taxes (2024) | $ 13001 / year |
| School taxes (2024) | $ 612 / year |
| ROOM DETAILS | |||
|---|---|---|---|
| Room | Dimensions | Level | Flooring |
| N/A | |||
| CHARACTERISTICS | |
|---|---|
| Zoning | Commercial, Residential |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Parking | Outdoor |
