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$1,089,000
ULS: 13703486

Quadruplex for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)

9175 Rue Notre-Dame E., Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)
Are you looking for a turnkey income property that has been tastefully renovated? We have just the property for you! Discover this building with two 3 1/2 apartments on the first floor, a 4 1/2 apartment on the ground floor and a 4 1/2 apartment in the basement. Each unit benefits from a complete wall-to-wall renovation using top-of-the-range, quality materials! Improvements made to the building: doors and windows, balconies, kitchen, bathroom, electricity, plumbing, insulation and much more. Optimized rental income as of July 1, 2024 at $62,148/year! WOW! A GEM ON THE MARKET! FAST!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

2 Bedrooms
1 Bathroom

FRÉDÉRIC GRIMARD

Residential Real Estate Broker

RE/MAX DU CARTIER INC.

CARL PARENT-ZACCOUR

Residential Real Estate Broker

RE/MAX DU CARTIER INC.

*****WHY BUY THIS INCOME PROPERTY*****

-Discover this building with two 3 1/2 apartments on the first floor, a 4 1/2 apartment on the ground floor and a 4 1/2 apartment in the basement. Each unit has been completely renovated from wall to wall using the latest quality materials!

-Treat yourself to the luxury of urban living in this fully renovated 4-plex, featuring bright, open-plan living spaces where every detail has been meticulously rethought to create a modern, functional living space. You'll enjoy an environment where high-end design and state-of-the-art amenities blend harmoniously to create an exceptional living environment.

***Many improvements made to the building***

-Doors and windows
-Balconies
-Plumbing
-Electricity
-Kitchen
-Bathroom
-Floor coverings
-New cement slab throughout basement
-Insulation

Please note that all units include appliances! WOW!

*** QUALITY/PRICE EXCEPTIONAL ON THE MARKET ***
*** LOCATION, LOCATION, LOCATION ***

CONTACT US NOW FOR A VISIT

Please note that the increase notices have all been signed and accepted by the tenants, and that as of July 1, 2024, incomes will respect the following amounts: Apt 1: RENTAL VALUE OF 1750$ per month or Owner Occupancy for July 1st 2024, Apt 2: $1049/month, Apt 3: $1100 and Apt 4: $1280/month (Potential revenue of $62,148/year).

***This sale is made without legal warranty of quality, at the buyer's risk.***
Dimensions 38' 10" X 38' irr.
Year constructed 1953
Siding Brick, Stone
Lot size 38' 8" X 87' 6" irr.
Lot area 319.10 m²
Proximity Highway, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 151,700
Building assessment
$ 447,200
Total
$ 598,900

Taxes

Municipal (2024)
$ 3,939
School (2023)
$ 456
Total
$ 4,395

Annual expenses

Insurance
$ 3,000
Total
$ 3,000

Energy expenses

Electricity
$ 300
Total
$ 300

Gross annual revenues (potential)

Residential
$ 62,148
Total
$ 62,148

Inclusions

Stove, fridge, washer/dryer and dishwasher in all units. All PAX cabinets included

Exclusions

All of tenant's personal belongings

Desjardins

Mortgage payment calculator

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