Photo Main Photo of the property
$1,050,000
ULS: 16870758

5-6-7-Plex for sale - Longueuil (Greenfield Park)

1694 - 1696 Av. Victoria, Longueuil (Greenfield Park)
* RARE DETACHED 6-PLEX * Rare investment opportunity in the sought-after neighborhood of Greenfield Park where vacancy rates are very low. Within walking distance of public transportation, daycares, grocery stores, restaurants and Charles-Le Moyne Hospital. An investment with significant potential for rent increase. Heating costs are the responsibility of the tenants. AN INVESTMENT NOT TO BE MISSED! *The mentioned income will take effect starting July 1st, 2024*
Sale without legal warranty of quality, at the buyer's risk and peril.

JULES GEREIGE

Residential Real Estate Broker

RE/MAX ALLIANCE INC.

*NO VISITS WITHOUT ACCEPTED OFFER*

Rare investment opportunity in a quiet and sought-after neighborhood of Greenfield Park, where vacancy rates are very low, if not nonexistent. Units on this street rent easily. Within walking distance of public transportation, daycares, grocery markets, restaurants, a park and Charles-Le Moyne Hospital. Close to Champlain Mall, Quartier Dix-30, and REM. Quick access to Champlain, Jacques-Cartier, and Victoria bridges. By car, 15 minutes from downtown Montreal, 12 minutes from Longueuil metro, and 5 minutes from Saint-Lambert train station. Don't miss out on this opportunity!

Ideal for the visionary investor! The entire street is undergoing reconstruction, as shown in the latest included photos. Many beautiful modern buildings have been built, and more are yet to come! This is your chance to eventually turn this investment into an incredible opportunity, and we already have some plans developed by an architecture firm that we can share with you. Don't miss your chance! This property represents remarkable potential in a rapidly expanding neighborhood.

All units are 3.5
There are 2 units in the basement, 2 on the ground floor, and 2 on the upper floor.
There are also 6 outdoor parking spaces and 4 detached garages.
Dimensions 32' 2" X 31' irr.
Year constructed 1963
Lot size 50' X 160' irr.
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2020)

Lot assessment
$ 267,600
Building assessment
$ 428,400
Total
$ 696,000

Taxes

Municipal (2024)
$ 8,203
School (2024)
$ 577
Total
$ 8,780

Annual expenses

Insurance
$ 3,737
Snow removal
$ 920
Total
$ 4,657

Energy expenses

Electricity
$ 640
Total
$ 640

Gross annual revenues (potential)

Residential
$ 58,140
Parking
$ 14,124
Total
$ 72,264

Inclusions

According to lease.

Exclusions

According to lease.

Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate