**Incredible Opportunity for Investors**Impeccable 8-unit rental property located in the heart of the sought-after Petite-Patrie neighborhood**Consisting of 3 x 5½, 4 x 4½, and 1 x 3½, all occupied by excellent tenants, this property has undergone numerous improvements over time. Its prime location is within walking distance of two metro stations, parks, a cinema, schools, and several cafés, restaurants, and other amenities. Offering excellent annual income, this property is a profitable investment opportunity in a booming area. Don't miss out on this chance!
- Counters in apartment 3 in 2020 - Cornice and entrance porch in 2021 - Installation of 4 water heaters + replaced the water valve in 2020 - Concrete in 2020 - Elastomer membrane roof in 2013 - The windows, balconies and ramps in 2004 - Landscaping in 2008
See seller's declaration for other work
Building details and property interior
Dimensions
51' X 41'
Year constructed
1969
Window Type
Sliding
Siding
Brick
Roofing
Elastomeric membrane
Garage
Built-in, Single width
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
51' X 81'
Lot area
4,131 ft²
Driveway
Paving stone
Parking (total)
Garage (1), Driveway (1)
Proximity
Metro, Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre, Hospital
Characteristics
Heating Energy
Natural gas
Rented Equipment (monthly)
Water heater (2)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 575,700
Building assessment
$ 1,088,100
Total
$ 1,663,800
Taxes
Municipal
(2024)
$ 10,459
School
(2024)
$ 1,352
Total
$ 11,811
Annual expenses
Insurance
$ 5,307
Total
$ 5,307
Energy expenses
Gas
$ 4,506
Total
$ 4,506
Gross annual revenues (potential)
Residential
$ 121,980
Parking
$ 3,000
Total
$ 124,980
Inclusions and exclusions
Inclusions
Gas furnace, 6 water heaters, wall-mounted air conditioner in apartment 3. Everything is sold as is without any quality guarantee.