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Quadruplex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

9075 - 9079 10e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
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.

Property features

2 Bedrooms
1 Bathroom

OLIVIER RICHARD

Residential Real Estate Broker

RE/MAX ALLIANCE INC.

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!
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 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

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:
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

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

Desjardins

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