$898,000

11-plex for sale - Bedford - Ville

$898,000

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$898,000

11-plex for sale - Bedford - Ville

$898,000

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58 Rue de Philipsburg, Bedford - Ville, J0J 1A0

Unique opportunity for investor. Well maintained 11-unit (5 X 1 .5, 5 x 2.5, 1 X 3.5) revenue property in charming town of Bedford, provides 48,889 sqft of land. Available for the first time in 47 years under the same family ownership. Every apartment includes a balcony, massive outdoor parking, and interior storage room space. Optimize additional revenue with possibility to convert spacious shed into a garage including opportunity to build duplex adjacent to building. Don't let this outstanding investment with limitless possibilities slip away.

  • Lot area: 48,895 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1954
MICHEL BOUCHARD
Certified real estate broker
MARIE-ANTOINETTE DEL PESCHIO
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

65'3" X 54'9" Irregular

1954

Aluminum , PVC

Guillotine , Casement

Poured concrete , Stone

Brick , Vinyl

Asphalt and gravel

Wood

Addenda
Particularities plusParticularities minus

This property offers you optimization possibilities on several levels:

[] Heating: These costs seem too high and could be reduced quickly or the system could be converted to electricity. Note that each apartment already has its own meter and electrical panel. It could be easy to install electric baseboard heaters in every apartment. Another option would be to transfer the boiler to electricity from oil and the share the heating cost amongst the tenants.

[] Insurance costs would need to be renegotiated

[] Rental fees for laundry room appliances could be eliminated. The purchase of a washer and dryer with a monthly usage fee of $20 would be accepted by tenants.

[] Donation of stoves and refrigerators to tenants, thereby reducing charges by $60 per appliance currently included in expenses.

[] Janitorial, maintenance, management and charges related to household appliances are harmonized with CMHC parameters.

[] The current lot can be minimally subdivided into 2 lots, (possibility of 3 lots depending on the side margins). The zoning allows the construction of a single family or a duplex per lot.

[] There is currently a building on the back side which is unused and which could become storage space or garages, and which could also be extended.

[] The rents have not been increased and do not represent the current rental value. As an indication, a 3-1/2 heated apartment can be rented for up to $875/month in the area.


The roof is dated from 1997 and the windows from 1995. There are 2 oil tanks in the mechanical room. Their manufacturing date could not be determined but they seem to be in very good condition and there is no trace of oil on the floor and no smell.

Building details and property interior
Particularities plusParticularities minus

65'3" X 54'9" Irregular

1954

Aluminum , PVC

Guillotine , Casement

Poured concrete , Stone

Brick , Vinyl

Asphalt and gravel

Wood

Lot and exterior features
Particularities plusParticularities minus

205'9" X 208' Irregular

48,895.06 SF

Wooded

Flat

Asphalt

Driveway : 12

Park , Elementary school

Residential

Characteristics
Particularities plusParticularities minus

Hot water

Heating oil

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

10 fridges, 10 stoves

Washer and dryer rented with Équipements May-Cal Commercial

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
Energy
58 Rue de Philipsburg, Bedford - Ville, J0J 1A0
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 22.8%
  • 29.7%
  • 19.1%
  • 15.7%
  • 12.6%
  • 56.5%
  • 3.2%
  • 17.5%
  • 22.7%
  • 0.0%
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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MICHEL BOUCHARD
Certified real estate broker
MARIE-ANTOINETTE DEL PESCHIO
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
Energy
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