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Montréal (Mercier/Hochelaga-Maisonneuve)
3702 - 3706 Rue Adam

$899,000

3702 - 3706 Rue Adam, Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1Z2

MLS® # 26999008

Property Information:

3702-3706 rue Adam - This property, ideally located on Adam Street in the booming HOMA neighborhood, consists of three units, each with three bedrooms. The ground-floor unit includes a 6-foot-high basement with a family room and laundry/storage space. This triplex presents an outstanding opportunity for investors. With well-maintained units featuring original charm, hardwood floors, and 9-foot ceilings, this building is ideal for those seeking stability and growth in their investment. Act quickly!

Overall, this building represents a solid opportunity for an investor looking to benefit from the continued growth of the neighbourhood and take advantage of its rental income potential. The apartments all feature 9-foot ceilings and hardwood floors. The building was re-roofed in 2022.

Ground floor (3706): 3-bedroom apartment (including a double room), with family room and laundry/storage room in the basement, and access to the grounds. The spacious, fenced-in yard surrounded by mature trees is paved for easy maintenance. Rented for $1,650/month until June 30, 2025. Unit will be increased to $1,740 as of July 1, 2025

2nd Floor (3704): 3-bedroom apartment (one double room and one bedroom with an interior window), with a washer and dryer in the kitchen, a shared balcony in the front and a private balcony in the back. Rented for $1,215/month until June 30, 2025. Unit will be increased to $1,285 as of July 1, 2025

3rd Floor (3702): Vacant 3-bedroom apartment (one double room and one bedroom with an interior window), with a washer and dryer in the kitchen and two private balconies, one in the front and one in the back. Previously rented for $1,250/month.

Location: Ideally located! Walk Score 95 and Bike Score 100
* Nearby parks: Saint-Aloysius Park, Valois Passage, Edmond-Hamelin Park
* Close to shops, education, health and recreation services
* A few minutes walk from Maisonneuve Market
* Close to Ontario Street services and amenities (grocery store, pharmacy, ATM, parks, restaurants/cafés/bistros, trendy addresses, SAQ, CLSC, etc.)
* Other easily accessible attractions: Botanical Garden, Maisonneuve Park, Olympic Park, Saputo Stadium, StarCité Cinema, Pro-Gym, etc.
* 20-minute walk from Joliette and Pie-IX metro stations
* Close to several bus lines
* Two pedal strokes from the bike path on Viau
* Quick access to highways (720, 40, 25), J-C Bridge, L-H Tunnel
* Close to BIXI and Communauto stations

Inclusions: 3 water heaters

Building Features:

Style: Triplex
Basement: 6 feet and more, Other, Outdoor entrance, Partially finished
Floor Covering: Wood, Ceramic, Flexible floor coverings, Laminate floor
Foundation: Poured concrete
Lot: Fenced
Occupancy: Single
Proximity: Highway, CEGEP, Daycare centre, Park, Bicycle path, Elementary school, High school
Renovations: Roof covering
Roofing: Elastomeric membrane
Siding: Brick
Size: 7.46 x 18.09 METRE
Topography: Flat
Window Type: Sliding
Heating System: Convection baseboards
Heating Energy: Electricity, Natural gas
Water Supply: Municipality
Sewage System: Municipality

Potential Gross Revenue:

Residential: $51,300

Taxes:

Municipal Tax: $5,258
School Tax: $645
Annual Tax Amount: $5,903

Expenses:

Insurance: $4,650
Energy: $1,101

Property Assessemnt:

Lot Assessment: $295,300
Building Assessment: $507,300
Total Assessment: $802,600

Property Features:

Bedrooms: 3
Bathrooms: 1
Built in: 1910
Irregular: Yes
Lot Depth: 33.64 Metre
Lot Frontage: 7.32 Metre
Lot Size: 246.10 Square Metres
Zoning: RESI

Revenue Units:

Unit 1

Pieces 7
Bedrooms 3
Baths 1

Rooms:

Bedroom Ground Level 2.41 m x 3.43 m Flooring: Ceramic

Primary Bedroom Ground Level 3.23 m x 3.66 m Flooring: Wood Note: Double room

Walk-in Closet - Irregular Ground Level 3.23 m x 3.15 m Flooring: Wood Note: Double room

Dining Ground Level 2.41 m x 3.61 m Flooring: Wood

Bedroom Ground Level 3.23 m x 3.07 m Flooring: Wood

Living Ground Level 3.58 m x 4.32 m Flooring: Wood

Bathroom Ground Level 2.34 m x 1.63 m Flooring: Ceramic

Kitchen Ground Level 3.58 m x 3.00 m Flooring: Ceramic

Family - Irregular Basement Level 2.77 m x 5.94 m Flooring: Laminate floor

Laundry Basement Level 3.17 m x 3.07 m Flooring: Laminate floor

Unit 2

Pieces 6
Bedrooms 3
Baths 1

Rooms:

Unit 3

Pieces 6
Bedrooms 3
Baths 1

Rooms:

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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.

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