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$938,000
ULS: 19069894

Triplex for sale - Montréal (Lachine) (Saint-Pierre)

68 - 72 Rue St-Jacques, Montréal (Lachine) (Saint-Pierre)
Investment opportunity! Superb fully detached triplex for sale! Are you looking for a wise investment in a prime location? Do not look any further ! We present to you a large, fully detached triplex that combines convenience and even higher yield potential. Whether you are a savvy investor or looking for a home with income potential, this property is sure to exceed your expectations. Composed of a 6 1/2 and 2 X 3 1/2. Continued in the addendum...

Property features

4 Bedrooms
1 Bathroom

JOELLE BITAR

Real Estate Broker

RE/MAX ACTION INC.

Rents:

68 - $2000 per month

70 - 1050$ per month

72 - $675 per month starting July 1, 2024


Key Features:

Triple Advantages: Three separate units guarantee versatility and income potential. Live in one unit while renting the others or rent all three for maximum cash flow. 2 outdoor parking spaces on the property, with the possibility of expanding the number of spaces.

Prime Location: Located in the booming Ville St. Pierre, Lachine neighborhood, the income and growth potential of the property is particularly strong compared to other neighborhoods in Montreal. The property is also very close to amenities, schools, parks and public transport, making it attractive to tenants and ensuring high occupancy rates.

Turnkey Investment: Whether you are an experienced investor or new to real estate, this triplex offers a hassle-free investment opportunity. Sit back and watch your investment grow!


Distribution of units:

Main unit: Completely renovated of approximately 1,500 square feet, 4 bedrooms and 6 rooms in total (6 ½ unit), not including the very large semi-finished basement, which is being used as a playroom and leisure, and storage, and laundry. Beautifully updated kitchen with dishwasher and modern appliances, leading out to a new rear deck and private garden.

Second Unit: On the second floor, completely renovated with 1 bedroom with possibility of 2 (3 ½ unit), with modern kitchen and updated bathroom. Integrated laundry room and dishwasher, and plenty of natural light and storage.

Third unit: On the second floor, 1 bedroom with possibility of 2 (3 ½ unit) with lots of storage and natural light, perfect for young professionals. Could be renovated to match other units and increase income potential.

Investment potential:

Rental Income: With three units, the rental income potential is substantial, providing a lucrative investment opportunity.

Real Estate Appreciation: Invest in a growing neighborhood and market with undeniably strong real estate appreciation, ensuring long-term wealth accumulation.
Dimensions 38' 2" X 27' 2" irr.
Year constructed 1925
Roofing Asphalt and gravel, Elastomeric membrane
Basement 6 feet and more, Partially finished
Lot area 3,493.77 ft²
Proximity Highway, CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 193,200
Building assessment
$ 210,000
Total
$ 403,200

Taxes

Municipal (2024)
$ 2,574
School (2023)
$ 278
Total
$ 2,852

Gross annual revenues (potential)

Residential
$ 44,700
Total
$ 44,700
Desjardins

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