Photo Main Photo of the property
$1,695,000
ULS: 9417668

8-15-Plex for sale - Montréal (Le Sud-Ouest) (Saint-Henri)

112 - 128 Rue St-Ferdinand, Montréal (Le Sud-Ouest) (Saint-Henri)
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 6,725 ft²

Property features

1 Bedroom
1 Bathroom

SYLVAIN MICHAUD

Real Estate Broker

RE/MAX DU CARTIER INC.

ONE OF THE BEST RESIDENTIAL LOCATIONS IN MONTREAL

A very charming 8plex with a 50-foot frontage on a beautiful quiet street lined with many trees, a sought-after area of St-Henri, near the Place St-Henri metro station (7 minutes walk -- Google Street) where tenants can also quickly access the Atwater Market (11 minutes walk -- Google Street). The Lachine Canal and its promenade are nearby, as are the countless shops on Notre-Dame Street. It is important to note that in this portion of St-Ferdinand Street there are two pretty family parks, Parc Louis-Cyr and almost opposite Parc Jacques-Viger where there are two tennis courts and a basketball court.

A very enviable location, adored by tenants and families.


In addition, its privileged location allows motorists to quickly reach Highway 15 and travel quickly to the north, south, east or west of the island.


THE BUILDING

- 8 ABOVE-GROUND apartments -- a large 6 ½ with 3 bedrooms with a large basement of 5' 11'' on cement and seven large 4 ½ with 1 bedroom;
- Washer/dryer connections in all apartments;
- Backyard for the 2 tenants on the ground floor;
- Heating/electricity at the tenants' expense;
- Hardwood floors in all apartments;
- Floor area of the entire building: 6,725 sq. ft. (according to data from the City of Montreal on the property roll);
- Gross rental income of the apartments = $ 7,866 (monthly) and $ 94,392 (annually).

- The location being highly sought after by tenants in this area, the potential income is certainly higher. Current income is reasonable, as it has been held by the same owner for almost 25 years, who preferred to have stable tenants.


N.B.
Purchase offers must be accompanied by proof of down payment and showing of the apartments will be permitted following an accepted purchase offer. To facilitate the potential buyer in his decision and to respect the peace of mind of the tenants, photos of all the apartments are online. The choice of the building inspector must be approved by the parties to the transaction.

The owner having never lived in the building, the sale is made without legal guarantee of quality, at the buyer's own risk.


Welcome to all.
Dimensions 50' 5" X 46' 9"
Year constructed 1927
Living area 6,725 ft²
Siding Brick
Dividing Floor Wood
Basement Outdoor entrance, Unfinished
Lot size 50' 5" X 77'
Lot area 3,890 ft²
Proximity Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Elementary school, High school, Public transportation
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 399,500
Building assessment
$ 1,123,300
Total
$ 1,522,800

Taxes

Municipal (2024)
$ 9,527
School (2024)
$ 1,227
Total
$ 10,754

Annual expenses

Insurance
$ 5,161
Total
$ 5,161

Gross annual revenues (potential)

Residential
$ 94,392
Total
$ 94,392

Inclusions

According to the leases.

Exclusions

According to the leases.

Desjardins

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