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$1,259,000
ULS: 24237896

5-6-7-Plex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

4395 - 4401 Rue Messier, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Plateau 5-plex offering an excellent investment opportunity in a prime location. The 2nd floor boasts a spacious and completely renovated 61/2 unit, ideal for immediate occupancy by the new owner. Featuring a new kitchen, bathrooms, and modern finishes. On the 1st and 3rd floors, you'll find four 3 1/2 units, with three of them having been updated over the years. Potential Gross revenues $84,156. Tenants responsible for heat and hydro costs.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 344 m²

Property features

3 Bedrooms
1 Bathroom

SPYROS DOURAKIS

Certified real estate broker

RE/MAX DU CARTIER INC.

Renovated Apartments: Four units renovated, 4401 with modern upgrades like new kitchens, bathrooms, and finishes, appealing to tenants and maximizing rental potential.

Foundation Stabilization: Bisson Experts completed foundation stabilization work, ensuring structural integrity.

Upgraded Features: Doors, brickwork, plumbing, and electrical systems have been updated over the years.
Exterior improvements include changes to the backyard fence and replacement of front balconies.

Prime Location: Situated in Plateau, a vibrant and sought-after neighborhood, offering high rental demand and strong potential for investment growth.
Dimensions 24' 6" X 50' 5"
Year constructed 1914
Living area 344 m²
Siding Brick
Roofing Asphalt and gravel
Dividing Floor Wood
Basement Crawl space
Lot size 24' 6" X 78'
Lot area 177.50 m²
Proximity Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Wall-mounted air conditioning
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2021)

Lot assessment
$ 351,500
Building assessment
$ 915,100
Total
$ 1,266,600

Taxes

Municipal (2024)
$ 8,053
School (2023)
$ 990
Total
$ 9,043

Gross annual revenues (potential)

Residential
$ 84,156
Total
$ 84,156
Desjardins

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