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$1,499,000
ULS: 15141893

5-6-7-Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

3830 - 3836 Rue Bélair, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
Welcome to a well-maintained and recently renovated corner 5plex in the heart of the St-Michel district. This exceptional property is a rare find, boasting a prime location, excellent tenant history, and significant upgrades. With the main unit available to buyers and two outdoor parking spots, this property offers flexibility and convenience for future owners and tenants alike. Key Features
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

1 Bedroom
1 Bathroom

AUGUSTO FERNANDES

Real Estate Broker

RE/MAX INFINITÉ




Key Features
Property Type: 5plex (Multi-Family Residential)
Location: St-Michel district, close to the St-Michel subway, and new subway on Pie-Ix that is under construction, shopping center le Boulevard , and parks ( St-Bernardette) among others
Units: 5 units with good tenants; main unit available for buyers
Parking: 2 outdoor parking spots
Condition: Recently renovated and well-maintained
Outdoor Spaces: Corner lot with potential for landscaping or additional outdoor amenities
Recent Renovations
Updated kitchens and bathrooms
New flooring and paint throughout
Modernized plumbing and electrical systems
Energy-efficient windows and doors
Enhanced common areas and exterior improvements, main door replaced June 2024, outside stairs recently replaced, new quality elastomere roof 2021.
Location Benefits
Public Transport: Just steps away from the subway station, ensuring easy commutes for tenants
Shopping & Dining: Proximity to a bustling shopping center with a variety of stores, restaurants, and services
Recreation: Close to beautiful parks, perfect for outdoor activities and relaxation
Community: Situated in a vibrant and growing neighborhood with a strong sense of community and excellent schools
Investment Potential
This property presents a solid investment opportunity with potential for future growth. The desirable location in St-Michel, combined with recent renovations and a stable tenant base, ensures a steady income stream and long-term value appreciation. The availability of the main unit adds flexibility for buyers looking to occupy one of the units or lease it for additional income.

Conclusion
Don't miss out on this incredible opportunity to own a beautifully maintained and strategically located 5plex in the heart of St-Michel. With its appealing features, recent upgrades, and excellent tenant history, this property is perfect for investors seeking a lucrative and hassle-free investment. Schedule a viewing today and envision the potential of this outstanding property.
Dimensions 28' X 46' 9" irr.
Year constructed 1954
Windows Aluminum
Siding Brick
Roofing Elastomeric membrane
Washer/Dryer (installation) Powder room (RC)
Kitchen Cabinets Wood
Lot size 28' X 85' 4" irr.
Lot area 211.20 m²
Driveway Asphalt
Parking (total) Driveway (2)
Proximity CEGEP, Daycare centre, Golf, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, Highway

Unit 1 (Monthly residential revenue)

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Unit 2 (Monthly residential revenue)

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Unit 3 (Monthly residential revenue)

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Unit 4 (Monthly residential revenue)

Dining room
Level: 1st level/Ground floor
Dimensions: 9'6" X 15'4"
Flooring:
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Living room
Level: 1st level/Ground floor
Dimensions: 10'5" X 11'2"
Flooring:
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Hall
Level: 1st level/Ground floor
Dimensions: 3'3" X 23'7"
Flooring:
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Bedroom
Level: 1st level/Ground floor
Dimensions: 10'8" X 10'8"
Flooring:
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Bedroom
Level: 1st level/Ground floor
Dimensions: 9'1" X 13'4"
Flooring:
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Storage
Level: 1st level/Ground floor
Dimensions: 6'5" X 2'5"
Flooring:
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Kitchen
Level: 1st level/Ground floor
Dimensions: 14'2" X 12'1"
Flooring:
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Primary bedroom
Level: 1st level/Ground floor
Dimensions: 11'1" X 13'9"
Flooring:
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Walk-in closet
Level: 1st level/Ground floor
Dimensions: 2'1" X 8'4"
Flooring:
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Bathroom
Level: 1st level/Ground floor
Dimensions: 7'2" X 10'5" irr.
Flooring:
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Unit 5 (Monthly residential revenue)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Alarm system, Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2024)

Lot assessment
$ 181,600
Building assessment
$ 535,000
Total
$ 716,600

Taxes

Municipal (2024)
$ 4,734
School (2024)
$ 586
Total
$ 5,320

Gross annual revenues (potential)

Residential
$ 68,100
Total
$ 68,100
Desjardins

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