$1,465,000

Investment For Sale In Port de Montreal - Terminal de Montréal-Est, Montréal-Est, Quebec

$1,465,000

Property Information:

Rare opportunity in sought-after Mercier--Hochelaga! Detached 8-plex featuring 6 spacious 4 ½ and 2 bright 3 ½ units, with two detached garages. Meticulously maintained: balconies, railings, kitchens and bathrooms (many with Bain Magique) in excellent condition, plumbing partially updated, roof 2009, wood and ceramic floors, aluminum windows. Electric heating paid by tenants (except one). Excellent long-term tenants. Steps from Parc Bellerive, schools, services and transport. Solid investment with strong rental income and great future potential!

**Please note the municipal taxes amount is from a previous year and shall be updated shortly.


The vendor would prefer that all units be visited only upon acceptance of a promise to purchase. However, it may be possible to visit a single apartment prior to acceptance, with the remainder accessible only once a promise to purchase has been accepted.

Building Features:

  • Basement: 6 feet and more
  • Building amenity and common areas: Balcony/terrace, Laundry room, Indoor storage space
  • Foundation: Poured concrete
  • Garage: Detached, Double width or more
  • Parking: Garage
  • Proximity: Highway, Daycare centre, Park, Bicycle path, Elementary school, High school, Public transportation
  • Size: 50.0 x 34.0 Feet
  • Window Type: Sliding
  • Windows: Aluminum
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $77,760
  • Parking: $2,100

Taxes:

  • Municipal Tax: $8,051
  • School Tax: $734
  • Annual Tax Amount: $8,785

Property Assessment:

  • Lot Assessment: $179,800
  • Building Assessment: $967,100
  • Total Assessment: $1,146,900

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1960
  • Lot Depth: 86.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 4300.00 Square Feet
  • Zoning: RESI
  • No. of Parking Spaces: 2

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1

Courtesy of: Royal LePage Tendance

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.