$820,000

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

$820,000

Property Information:

Great opportunity to own a fourplex with a possibility to occupy the unit on the 4th floor or exceptional chance to collect the revenue from all 4 units, by renting the 4th floor at the current market price. You are welcome to come to visit a very well-maintained attached 4-plex, undergone numerous renovations and updates during the years. Well located near Metro St-Michel, this property is close to private and secondary and professional schools, close to metro, very close to Grand Parc, Center of Sport, and TAZ. 4 units with 2 bedrooms and 1 bathroom, with the washer and drier in all apartments.

4 units with 2 bedrooms and 1 bathroom, with the washer and drier in all apartments.

****Renovations carried out for the plex:
2007-2008 change of all doors and windows of apartments 2-3 and 4
2013 installation of a new fence in the backyard and earthworks of the latter
2014 change of hot water tank for apartments 2- 3 and 4
2017 change of the main door 2018 renovation of apartment 3 (ceramic kitchen- hardwood floor- complete painting)
2020 Change of floor of rear balcony-apartment 2-3 and 4 and painting of the iron staircase
2024 Renovations of apartment 4, new floor- sanding and polishing of hardwood floors- complete painting.
Preventive treatments for insects and rodents also carried out since 2017 as needed via the company Morin Extermination

Inclusions: None.

Exclusions : Rear shed belongs to tenant #2. Tenants' personal effects.

Building Features:

  • Style: Fourplex
  • Proximity: Daycare centre, Metro, Park, Bicycle path, High school, Commuter train, Public transportation
  • Siding: Brick
  • Size: 25.0 x 35.0 Feet
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $45,060

Taxes:

  • Municipal Tax: $3,219
  • School Tax: $373
  • Annual Tax Amount: $3,592

Property Assessment:

  • Lot Assessment: $168,000
  • Building Assessment: $338,000
  • Total Assessment: $506,000

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1958
  • Floor Space (approx): 3500.0 Square Feet
  • Lot Depth: 86.0 Feet
  • Lot Frontage: 25.0 Feet
  • Lot Size: 2150.00 Square Feet
  • Zoning: RESI

Rooms:

  • Living 2nd Level 4.98 m x 2.77 m Flooring: Wood
  • Kitchen 2nd Level 3.89 m x 2.46 m Flooring: Linoleum
  • Primary Bedroom 2nd Level 4.29 m x 3.10 m Flooring: Wood
  • Bedroom 2nd Level 4.29 m x 2.84 m Flooring: Wood

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 Classic

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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