$679,000

Investment For Sale In Hochelaga-Maisonneuve, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec

$679,000

Property Information:

Discover this meticulously maintained duplex, ideal for investors! Comprising two 5 ½ units currently rented until June 30, 2025, it guarantees income from day one. Located in a peaceful neighborhood with excellent access to public transportation and services, this property also offers strong long-term appreciation potential. With multiple recent renovations and authentic charm, this duplex represents an opportunity not to be missed! Don't let your chance slip away!

This duplex, carefully maintained over the years, is an ideal property for investors. Having benefited from multiple renovations, it is in excellent condition and includes two charming 5 ½ units. Currently rented until June 30, 2025, these apartments ensure stable income for future owners.

Located in a peaceful, well-established neighborhood, the building benefits from proximity to services, parks, and public transportation, offering a pleasant living environment for families and professionals alike.

The ground-floor unit has two bedrooms, a double living room that can be used as a third bedroom, and a basement with numerous layout possibilities. Upstairs, the second unit also has two bedrooms and a double living room to meet various tenant needs. Both apartments feature wood floors, original wood doors, and wooden kitchen cabinets, adding an authentic, warm charm to each unit.

Outside, a fenced backyard, a large storage garage, and front and rear balconies for each unit add extra value. Additionally, an outdoor parking space is included for the ground-floor tenant.

This carefully maintained duplex presents a unique opportunity for those looking for a quality investment, ready to generate income and offering long-term potential for appreciation.

LOCATION: AN IDEAL SPOT - Walk Score of 87 and Bike Score of 80!
* Just steps from Ontario Street and its many shops
* Close to educational, health, and recreational services
* Green spaces just a few steps away: Lalancette Park (splash pads, ice rink), Olympic Park, and more
* DISCOVER the neighborhood's attractions easily: Botanical Garden, Saputo Stadium, Insectarium, Planetarium, Star Cité Cinema, and more
* Quick access to downtown and all its attractions

TRANSPORT - CONVENIENT ACCESS WITH MULTIPLE OPTIONS
* 10-minute walk from Pie-IX Metro
* Close to several bus lines (362, 355, 67, 439, 125, 85, 139, 97, 29)
* Direct access to bike paths and a BIXI network
* Quick access to MAJOR HIGHWAYS (720, 40, 25), Jacques Cartier Bridge, Louis-Hippolyte Tunnel, South Shore, North Shore
* Easy access to downtown with various transit options; just 20 minutes by public transport!

Pet Permissions for Current Tenants:
2381: Allowed one (1) dog under 10 pounds
2383: Allowed one (1) cat.

Inclusions: 2 water heaters, 2381: Light fixture, dishwasher

Exclusions : Tenant's personal belongings

Building Features:

  • Style: Duplex
  • Basement: 6 feet and more, Other, Unfinished
  • Floor Covering: Wood, Ceramic
  • Foundation: Poured concrete
  • Lot: Fenced
  • Parking: Driveway
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 6.86 x 10.69 METRE
  • Topography: Flat
  • Window Type: Sliding, Guillotine
  • Windows: PVC
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $27,540

Taxes:

  • Municipal Tax: $3,564
  • School Tax: $430
  • Annual Tax Amount: $3,994

Property Assessment:

  • Lot Assessment: $211,900
  • Building Assessment: $339,100
  • Total Assessment: $551,000

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1929
  • Lot Depth: 23.77 Metre
  • Lot Frontage: 6.86 Metre
  • Lot Size: 163.00 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 1

Rooms:

  • Living Ground Level 3.05 m x 3.05 m Flooring: Wood
  • Kitchen Ground Level 3.66 m x 2.74 m Flooring: Ceramic
  • Dining Ground Level 3.05 m x 3.05 m Flooring: Wood
  • Bedroom Ground Level 3.05 m x 2.26 m Flooring: Wood
  • Primary Bedroom Ground Level 3.05 m x 3.05 m Flooring: Wood
  • Bathroom Ground Level 2.13 m x 2.13 m Flooring: Ceramic
  • Other Basement Level 6.83 m x 10.67 m Flooring: Concrete

Revenue Units:

  • Pieces 5
  • Bedrooms 2
  • Baths 1
  • Pieces 5
  • Bedrooms 3
  • Baths 1

Courtesy of: Royal LePage Altitude

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.

Sold without legal warranty of quality, at the buyer's own risk.

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