Average square foot calculated using Size range provided by listing agent.
Description
This seven-unit investment property for sale in Crapaud, located at 20417 Trans Canada Highway, is situated on a private 1.1-acre lot with mature trees, just off the main highway in a rural setting with ample parking. The building consists of four 1-bedroom units and three 2-bedroom units, with four units fully renovated in the past four years, including new bathrooms, bedrooms, and living spaces. One additional unit had its bathroom replaced two years ago, and Unit 7 (2-bedroom) is currently mid-renovation, nearly gutted and ready for completion, with a projected market rent of $1, 100-$1, 200. Two units (1 and 3) have legacy tenants with below-market rents, and Units 1, 3, 4, 5, and 6 are eligible for the 2025 annual rent increase. The building is owner-managed and features recent upgrades, including new front, side, and back decks, new stoves, fridges, flooring, a front steel roof, and 25+ basement jack posts. In 2020, the basement was renovated with a new concrete abutment wall, 360m of weeping tile drainage to a sump pump, 2 mil poly, and 2 inches of gravel. All units, common areas, and the basement are heated with 8 heat pumps (9 heads) and electric hot water. Coin-operated laundry is privately operated. Living Space: - 1st floor: 2, 265 sqft - 2nd floor: 2. (id:58753)Show Description
MLS® Number202514687
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1892
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatElectric, Wall Mounted Heat Pump
A/C
Heating Fuel
Extras
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