Discover a Quadruplex with Immense Investment Potential in the Heart of Montreal! This building offers a unique opportunity to maximize your income through strategic renovations. With three out of four units available for sale, you have the flexibility to renovate and optimize the spaces according to your needs and current market trends. In summary, 9075-9079 10th Avenue is a rare opportunity to acquire a building in a prime location with considerable appreciation potential after the necessary renovations. Don't miss this unique chance to maximize your investment in the Montreal real estate market.
Sale without legal warranty of quality, at the buyer's risk and peril.
Discover a Quadruplex with Immense Investment Potential in the Heart of Montreal!
Located at 9075-9079 10th Avenue, this building offers a unique opportunity to maximize your income through strategic renovations. With three out of four units available for sale, you have the flexibility to renovate and optimize the spaces according to your needs and current market trends.
HIGHLIGHTS: * Ideal Location: Situated in a sought-after neighborhood in Montreal, close to amenities, public transportation, and schools. Its location ensures a constant rental demand. * Rental Flexibility: Three of the four units will be available for purchase, offering exceptional flexibility to renovate and set competitive market rents. This situation is ideal for optimizing rental returns upon completion of the renovations. * High Income Potential: Once renovated, this quadruplex can generate substantial rental income, making it a profitable long-term investment.
NECESSARY RENOVATIONS: The building requires several renovations to reach its full potential. The work may include, but is not limited to: * Kitchen and Bathroom Upgrades: Modernize the units and attract quality tenants. * Electrical and Plumbing Improvements: Ensure the building's safety and compliance. * Flooring, Painting, and Finishing Touches: Refresh the overall aesthetics of the units. * Possible Exterior Repairs: Balconies and windows to ensure energy efficiency and structural durability.
In summary, 9075-9079 10th Avenue is a rare opportunity to acquire a building in a prime location with considerable appreciation potential after the necessary renovations. Don't miss this unique chance to maximize your investment in the Montreal real estate market.
VISIT TOUDAY: Don't miss this rare opportunity to invest in a quadruplex with incredible potential.
For more information or to schedule a visit, contact me today!
Building details and property interior
Dimensions
27' X 40' irr.
Year constructed
1958
Siding
Brick
Roofing
Asphalt and gravel
Garage
Single width, Built-in
Basement
6 feet and more, Outdoor entrance, Partially finished
Lot and exterior features
Lot size
27' X 86'
Lot area
215.70 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Garage (1), Driveway (3)
Proximity
Hospital, Park, Elementary school, High school, Public transportation, CEGEP, Highway, Daycare centre
Room details
Unit 1 (Monthly residential revenue)
Hall
Level:
1st level/Ground floor
Dimensions:
4'6" X 3'3"
Flooring:
Ceramic
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
9'4" X 12'11"
Flooring:
Wood
Details:
Office
Level:
1st level/Ground floor
Dimensions:
9'8" X 11'11" irr.
Flooring:
Wood
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
9'4" X 15'9" irr.
Flooring:
Wood
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
11'11" X 12'4"
Flooring:
Linoleum
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
5'2" X 7'2"
Flooring:
Ceramic
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
13'9" X 13'10" irr.
Flooring:
Linoleum
Details:
Laundry room
Level:
Basement 1
Dimensions:
11'7" X 8'9" irr.
Flooring:
Linoleum
Details:
Salle des machines
Level:
Basement 1
Dimensions:
13'10" X 8'10"
Flooring:
Concrete
Details:
Unit 2 (Monthly residential revenue)
Bedroom
Level:
2nd level
Dimensions:
9'3" X 9'4"
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
13'0" X 9'2"
Flooring:
Wood
Details:
Kitchen
Level:
2nd level
Dimensions:
11'5" X 12'11" irr.
Flooring:
Linoleum
Details:
Bathroom
Level:
2nd level
Dimensions:
7'6" X 4'11"
Flooring:
Ceramic
Details:
Unit 3 (Monthly residential revenue)
Bedroom
Level:
2nd level
Dimensions:
9'4" X 9'4" irr.
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
9'4" X 9'1"
Flooring:
Wood
Details:
Kitchen
Level:
2nd level
Dimensions:
12'9" X 11'3" irr.
Flooring:
Linoleum
Details:
Bathroom
Level:
2nd level
Dimensions:
6'8" X 4'11"
Flooring:
Ceramic
Details:
Unit 4 (Monthly residential revenue)
Pièce principale
Level:
Basement 1
Dimensions:
13'0" X 20'4" irr.
Flooring:
Laminate floor
Details:
Bathroom
Level:
Basement 1
Dimensions:
4'5" X 8'11" irr.
Flooring:
Linoleum
Details:
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Water heater (3, 95)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 176,900
Building assessment
$ 341,300
Total
$ 518,200
Taxes
Municipal
(2024)
$ 3,297
School
(2024)
$ 405
Total
$ 3,702
Gross annual revenues (potential)
Residential
$ 44,400
Total
$ 44,400
Inclusions and exclusions
Inclusions
Snow shelters, furniture remaining in apartments #9077 and #9079
Exclusions
Tenant's personal property and effects from #9077A, Oven, refrigerator, washer, dryer, and dishwasher from #9075