$995,000
ULS: 9033421
5-6-7-Plex for sale - Montréal (Ville-Marie) (Centre)
2399 - 2407 Rue Fullum, Montréal (Ville-Marie) (Centre)
Rare investment opportunity, strategically located 5plex offering stable income & remarkable potential for increase & optimization. 5 units providing comfortable living space and attractive features for tenants. Significant income increase potential with strategic rent adjustments, minor improvements & efficient management. Whether you're an experienced investor looking to add to your portfolio or a beginner seeking a first foray into the real estate market, this building represents an exceptional opportunity to see your wealth grow.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area
355.90 m²
Property features
2
Bedrooms
1
Bathroom
Addendum
Welcome to this rare investment opportunity, a strategically located 5plex offering stable income and remarkable potential for increase and optimization.
2 x 3 1/2 (appartements on the left)
2 X 4 1/2 (appartements on the right)
1 X 7 1/2 (full second floor)
This building features five spacious residential units, each providing comfortable living space and attractive features for potential tenants.
With stable tenants and consistent income, this property is a true income generator, ensuring a sustainable return on investment.
There is significant potential for income growth through strategic rent adjustments, minor improvements, and efficient management.
Whether you're an experienced investor looking to add a valuable asset to your portfolio or a beginner seeking your first venture into the real estate market, this 5plex represents an exceptional opportunity to achieve lasting profits and see your wealth grow.
Nestled in the heart of a dynamic and expanding neighborhood, offering an exceptional living environment. Located in the sought-after Ville-Marie district, this location boasts a multitude of advantages that make it an ideal place to live.
First and foremost, the cultural diversity and historical richness of this neighborhood make it a true gem of Montreal. Nearby, you'll find a variety of restaurants, cafes, shops, and green spaces, offering a range of activities for all tastes and desires. Whether it's strolling through bustling streets, exploring local art galleries, or enjoying lush parks, there's always something to do in the area.
With easy access to public transportation, highways, and bike paths, your tenants can easily navigate the city and beyond. Schools, daycares, recreational centers, and essential services are also nearby, making daily life convenient.
2 x 3 1/2 (appartements on the left)
2 X 4 1/2 (appartements on the right)
1 X 7 1/2 (full second floor)
This building features five spacious residential units, each providing comfortable living space and attractive features for potential tenants.
With stable tenants and consistent income, this property is a true income generator, ensuring a sustainable return on investment.
There is significant potential for income growth through strategic rent adjustments, minor improvements, and efficient management.
Whether you're an experienced investor looking to add a valuable asset to your portfolio or a beginner seeking your first venture into the real estate market, this 5plex represents an exceptional opportunity to achieve lasting profits and see your wealth grow.
Nestled in the heart of a dynamic and expanding neighborhood, offering an exceptional living environment. Located in the sought-after Ville-Marie district, this location boasts a multitude of advantages that make it an ideal place to live.
First and foremost, the cultural diversity and historical richness of this neighborhood make it a true gem of Montreal. Nearby, you'll find a variety of restaurants, cafes, shops, and green spaces, offering a range of activities for all tastes and desires. Whether it's strolling through bustling streets, exploring local art galleries, or enjoying lush parks, there's always something to do in the area.
With easy access to public transportation, highways, and bike paths, your tenants can easily navigate the city and beyond. Schools, daycares, recreational centers, and essential services are also nearby, making daily life convenient.
Building details and property interior
Dimensions
26' X 58' 10" irr.
Year constructed
1910
Living area
355.90 m²
Siding
Brick
Lot and exterior features
Lot area
241.50 m²
Topography
Flat
Parking (total)
Driveway (2)
Proximity
Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path, CEGEP
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 314,000
- Building assessment
- $ 695,900
- Total
- $ 1,009,900
Taxes
- Municipal (2024)
- $ 6,041
- School (2023)
- $ 761
- Total
- $ 6,802
Gross annual revenues (potential)
- Residential
- $ 54,480
- Parking
- $ 1,560
- Total
- $ 56,040
Inclusions and exclusions
Inclusions
5 hot water tanks.
Exclusions
Tenants' personal effects.
Mortgage payment calculator
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