$1,300,000
ULS: 9622739
8-15-Plex for sale - Montréal (Lachine) (Est)
955 5e Avenue, Montréal (Lachine) (East)
Discover an outstanding investment opportunity in Lachine with this semi-detached 8-plex, tucked away in a serene dead-end street. Each of the generously sized apartments is a comfortable 4.5, ensuring ample living space for tenants seeking tranquility. Currently fully rented until June 30th, 2025, this property yields an impressive annual revenue of $84,348.00, offering a reliable income stream for investors. The roof was replaced in 2012, providing durability and stability for the long term. Extensive upgrades have been undertaken, including renovations to kitchens, bathrooms, floors, windows, doors, and balconies. These improvements...
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
2
Bedrooms
1
Bathroom
Addendum
enhance both the property's visual appeal and its overall value, ensuring tenant satisfaction.
This 8-plex represents a prime opportunity for investors in search of a hassle-free investment with dependable rental income. With visits available exclusively upon accepted offers, seize the opportunity to explore this lucrative investment in the thriving community of Lachine.
This 8-plex represents a prime opportunity for investors in search of a hassle-free investment with dependable rental income. With visits available exclusively upon accepted offers, seize the opportunity to explore this lucrative investment in the thriving community of Lachine.
Building details and property interior
Dimensions
50' X 32' 2"
Year constructed
1950
Window Type
Sliding
Siding
Brick
Roofing
Asphalt and gravel
Washer/Dryer (installation)
Kitchen (AU)
Kitchen Cabinets
Melamine, Wood
Renovations
Roof covering (2012, 11727)
Lot and exterior features
Lot size
50' X 75'
Lot area
348.40 m²
Topography
Flat
Distinctive Features
Cul-de-sac
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 193,700
- Building assessment
- $ 663,400
- Total
- $ 857,100
Taxes
- Municipal (2024)
- $ 5,633
- School (2024)
- $ 682
- Total
- $ 6,315
Annual expenses
- Insurance
- $ 8,039
- Total
- $ 8,039
Gross annual revenues (potential)
- Residential
- $ 84,348
- Total
- $ 84,348
Inclusions and exclusions
Inclusions
8 Hot Water Tanks, Apt 6 -4 Appliances, Apt 7 -4 Appliances
Exclusions
Tenants' Personal Belongings
Mortgage payment calculator
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