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276 Rue René-Philippe

6 Unit Apartment Building $737,229 USD ($122,872 USD/Unit) 3.97% Cap Rate Longueuil, QC J4R 2K3

Investment Highlights

  • Parking available.
  • Building is well maintained.
  • Well located close to amenities.

Executive Summary

Detached 6-unit building in the highly sought-after neighborhood of Longueuil (Lemoyne), consisting of 6 x 4.5 apartments and offering 6 parking spaces. All energy costs are covered by the tenants. Enjoy a strategic and desirable location just minutes' walk from Charles-Moyne Hospital, close to the train station, St-Lambert, and with access to the Longueuil metro via bus. Solid investment with great potential for rent increases.

Property Facts

Price $737,229 USD
Price Per Unit $122,872 USD
Sale Type Investment
Cap Rate 3.97%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,166 SF
No. Stories 2
Year Built 1962
Parking Ratio 0.96/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • Gas Range

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32931032

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 276 Rue René-Philippe, Longueuil, QC J4R 2K3

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