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$724,900
ULS: 19130938

Duplex for sale
3900 - 3902 Rue Monselet, Montréal (Montréal-Nord)

Visits can also be arranged before the open house. Are you looking to buy a beautiful property with rent that completely covers your mortgage, even with 10% downpayment!? Discover this beautiful duplex in Montreal-North, conveniently located in a prime area, just off Boulevard Pie-IX, situated on a generous 3,810 sf lot. This offers both investors and homeowners an incredible chance to own a versatile property with excellent revenue potential. Don't miss this opportunity--schedule your showing today!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

4 Bedrooms
2 Bathrooms

KAVISANTH MAHESWARAN

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

Property Features:

Two Spacious Units:
Unit 1: 6 ½ with 2 full bathrooms and a basement. (Rental Income: $2,000/month. MONTH-TO-MONTH Lease. Easy for repossession)

Unit 2: 4 ½ layout with 2 bedrooms (Rental Income: $1,400/month. Notice sent for 5.9% increase, new rent from July 1st will be $1,480/month)

Parking: 2 parking spaces available, only 1 is rented to unit #3900.

Renovations Completed:
Structural updates to the basement.
Repaired tiles, updated water heaters, and resolved roof leaks.
Modernized electrical systems and addressed water damage issues.

Neighborhood Highlights:
Steps from grocery stores, restaurants, and essential services.
Excellent access to public transportation: a 5-minute walk to the bus stop leading to Henri-Bourassa Metro and a 15-minute walk to Gare St-Michel-Mtl-Nord train station.
Proximity to Menard Park, Réné-Guenette Elementary School, and Amos Secondary School.
Easy access to Autoroute 125.

Investment Potential:
Will be generating $41,760 annually as of July 2025 with stable tenants, providing steady income.
Dimensions 31' X 31' irr.
Year constructed 1941
Roofing 2023
Lot size 43' X 87' irr.
Lot area 3,810 ft²
Driveway Asphalt
Parking (total) Driveway (2)
Proximity Daycare centre, Park, Bicycle path, Elementary school, High school, Public transportation, Highway
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Total
$ 399,267

Taxes

Municipal (2024)
$ 3,168
School (2024)
$ 326
Total
$ 3,494

Gross annual revenues (potential)

Residential
$ 41,760
Total
$ 41,760

Inclusions

Upstairs apartment (#3902) full furnishing is owned by seller and is included in the sale: Both rooms' bed frames, bed mattresses, side tables, and large cabinets in both bedrooms. Living room: all 3 sofas, tv and tv stand, air conditioner heat pump, and kitchen: stove, microwave, fridge, washer, dryer, dining table and 6 chairs.

Exclusions

All Tenants' Belongings

Desjardins

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