$1,099,000

Investment For Sale In Parc-Extension, Montréal (Villeray/Saint-Michel/Parc-Extension), Quebec

$1,099,000

Property Information:

Discover an exceptional investment with this fully leased 4plex in a prime location. Each of the four 4 1/2 units features a private balcony, hardwood flooring, and washer installations. The property includes a spacious backyard, enhancing its appeal. Excellent revenue growth potential is assured, with proximity to Jarry Park, bus stops, restaurants, and convenience stores.

4PLEX ideally located in a highly sought-after area, presents a prime investment opportunity. The building is well-maintained, highlighted by recent upgrades including:
- **New Roof in 2022**
Unit specifics include:
- **Unit 2:** Recently renovated kitchen and bathroom
- **Unit 4:** Updated kitchen, bathroom, and flooring

Each of the four 4 1/2 units offers private balconies, hardwood flooring, and washer installations. Additionally, the property features a spacious backyard.
Fully leased, this property ensures robust revenue growth potential. Its strategic proximity to Jarry Park, bus stops, restaurants, and convenience stores enhances its desirability and long-term value.

Inclusions: Four Hot-water Tanks

Exclusions : As per leases- belongings of the tenants

Building Features:

  • Style: Fourplex
  • Floor Covering: Wood
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $51,300

Taxes:

  • Municipal Tax: $4,711
  • School Tax: $558
  • Annual Tax Amount: $5,269

Property Assessment:

  • Lot Assessment: $223,500
  • Building Assessment: $515,600
  • Total Assessment: $739,100

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1958
  • Lot Size: 1850.31 Square Feet
  • Zoning: RESI

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

Courtesy of: Royal LePage Habitations

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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