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$2,999,000
ULS: 26159446

8-15-Plex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

175A - 175B Rue Napoléon, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
EXCEPTIONAL 11-PLEX IN THE HEART OF THE PLATEAU - For investors. Typical Plateau-Mont-Royal facade with cornice and distinctive details. High rental income. Abundant windows. Well-maintained buildings: Unique quadruplex + 2 duplexes + Triplex. Turnkey apartments: 2 large and bright 5 1/2 + 6 studios + 3 x 4 1/2 with terraces overlooking an enclosed courtyard. Original cachet preserved. Situated in a key Plateau location: a very peaceful area close to Mont-Royal metro, local cafés and shops on Duluth Ave, St-Laurent boul. and St-Denis St, all while enjoying the proximity to nature offered by the Mount Royal and La Fontaine Park.
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

2 Bedrooms
1 Bathroom

YANICK E SARRAZIN

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER INC.

Investment opportunity.

Sale of a group of 4 residential properties: 2 duplexes and 1 triplex on Rue Napoléon, and a fourplex on Av. de l'Hôtel-de-Ville.

Adresses: 3950 - 3956B Av. de l'Hôtel-de-Ville, 169-173 Napoléon St, 175A-175B Napoléon St. and 177A-177B Napoléon St.

- Water heaters are not rented. Everything is purchased.
- 3956 (Refrigerator provided but this is the only exception) in all other units, no appliances are provided and no heating is provided.
- Studios (175A-B and 177A-B) as well as 169 and 171 Napoleon do not have washer-dryer entries.
- The following units have washer-dryer facilities: 173, 3950, 3956, 3956A and 3956B.
- Insurance is currently paid in a single block for all 4 buildings and totals $5491.42 per year (169 Napoleon, premium is $1376 - 175A-B-177A-B-3950 H. de Ville, premium is $4113).
- No vacant units (all rented)
Dimensions 74' X 63' irr.
Year constructed 1875
Lot size 74' X 70' irr.
Lot area 5,118 ft²
Distinctive Features Street corner
Proximity Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
Heating System Electric baseboard units
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 1,335,400
Building assessment
$ 1,501,200
Total
$ 2,836,600

Taxes

Municipal (2024)
$ 18,159
School (2024)
$ 2,292
Total
$ 20,451

Gross annual revenues (potential)

Residential
$ 166,140
Total
$ 166,140

Inclusions

According to the lease

Exclusions

According to the lease

Desjardins

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