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$1,049,000
ULS: 11612061

5-6-7-Plex for sale - Montréal (Montréal-Nord)

11107 - 11111 Av. L'Archevêque, Montréal (Montréal-Nord)
* Incredible opportunity * RARE property!! Solid construction, huge detached corner building, property very well maintained. Basement tenant benefitting of an immense basement that is also being used for storage. Very stable tenants generating amazing revenues with lots of potential for rental increase. ** Hurry won't last **!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

1 Bedroom
1 Bathroom

MARCO DI LIELLO

Real Estate Broker

RE/MAX ALLIANCE INC.

* Rare Detached 5-plex *


Unique and rare building - with 4 residential apartments and 1 commercial unit on the main floor.

Commercial tenant has been renting for over +25 years, very stable, unit also includes a basement.

Ideal building for investors or owner occupancy.

Key location / corner lot.

Well maintained building VERY solid construction !!

Central hot water tank changed in 2021.


The units are EXTREMELY spacious and bright!

Very Easy to rent due to its convenient location ( NEVER ANY VACANCIES ) - Close to and within walking distance to all conveniences and public transportation.

Opportunity at its best !!

The 4-1/2 basement apartment includes a very large separate storage area. Future owner can eventually negotiate the usage of the basement, if needed. The basement apartment is not recognized on the municipal assessment, but has been rented since the construction of the building. All the apartments are rented with reliable and stable tenants !!

All Visits will be conditional to an accepted offer.

A bank pre-authorization letter which demonstrates the necessary funds available for the purchase, must be accompanied with all offers.

All offers shall be submitted to the listing broker by email at md@marcodiliello.com



Thank you.


** GREAT OPPORTUNITY **
Dimensions 47' X 73' 2" irr.
Year constructed 1956
Windows Aluminum
Window Type Sliding
Siding Stone, Brick
Roofing Asphalt and gravel
Dividing Floor Wood
Kitchen Cabinets Melamine
Basement 6 feet and more, Finished basement
Lot size 49' 2" X 85' irr.
Lot area 4,180 ft²
Topography Flat
Distinctive Features Street corner
Proximity CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University, Highway
Heating System Hot water, Electric baseboard units
Heating Energy Electricity, Natural gas
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 170,600
Building assessment
$ 522,900
Total
$ 693,500

Taxes

Municipal (2024)
$ 7,942
School (2024)
$ 572
Total
$ 8,514

Gross annual revenues (potential)

Residential
$ 44,220
Commercial
$ 27,480
Total
$ 71,700

Inclusions

Central hot water tank changed in 2021 ...very well maintained property. Hurry won't last.

Exclusions

Tenants personal belongings. * Prime location - HURRY WON'T LAST!! *

Desjardins

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