$1,399,000

Investment For Sale In Côte-Saint-Paul, Montréal (Le Sud-Ouest), Quebec

$1,399,000

Property Information:

Well-maintained quadruplex generating over $83,000 in annual revenue. Each unit is a 5 ½ with three bedrooms, and the ground-floor units have a room that can be enclosed as a third bedroom. The ground-floor apartments enjoy a yard and a crawl space with storage and washer-dryer. The upper-floor units have front and rear balconies. Private parking for each unit. Ideally located near Jolicoeur metro, the shops on Monk Boulevard, bike paths, and major roadways. A solid investment in a sought-after neighborhood!

THE PROPERTY:
* Residential quadruplex with annual revenues exceeding $83,000
* All apartments are 5 1/2 with three bedrooms; the ground-floor units have one non-enclosed bedroom that can easily be converted into a closed bedroom as it has a window
* 1676 - Ground floor with basement - Rented $1,900/month until June 30, 2025. Renewal pending
* 1678 - 2nd floor - Rented $1,700/month until June 30, 2025. Renewal pending
* 1680 - 2nd floor - Rented $1,700/month until June 30, 2025. Renewal pending
* 1682 - Ground floor with basement - Rented $1,635/month until June 30, 2025. New lease starting July 1, 2025, at $1,700/month
* The two ground-floor units have access to the yard and include a basement (crawl space with dirt floor) with a washer/dryer, perfect for storage
* The two 2nd-floor units share a common entrance and have front and rear balconies
* Utilities are paid by tenants
* Units 1676 and 1680 were renovated in 2017-2018
* The roof was redone in 2008

EXTERIOR:
* 4 parking spaces at the rear, accessible via the alley, one per apartment
* Large fenced yard

LOCATION - CLOSE TO SERVICES:
* Near Boulevard Monk, shops, cafés, and restaurants
* A few steps from Saint-Paul Park
* 10 minutes from Carrefour Angrignon
* A short bike ride from cycling paths and the Lachine Canal
* Primary and secondary schools nearby
* Several parks, pharmacies, grocery stores, and services

TRANSPORTATION - EASY WITH MULTIPLE OPTIONS!
* Walking distance to Jolicoeur metro station (800m)
* Easy access to major highways: 15, 20, 720, 10, and Champlain Bridge
* A few steps from bus lines 78, 37, 350, as well as BIXI and Communauto stations
* Easy access to downtown with multiple travel options: 20 minutes by car and 30 minutes by public transit

Inclusions: Permanent heating, lighting and electrical installations

Exclusions : Personal belongings of tenants

Building Features:

  • Style: Fourplex
  • Basement: 6 feet and more, Unfinished, Crawl space
  • Driveway: Double width or more
  • Floor Covering: Concrete, 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
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 15.24 x 15.23 METRE
  • Topography: Flat
  • Window Type: Sliding, Guillotine
  • Windows: Aluminum
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $83,220

Taxes:

  • Municipal Tax: $6,850
  • School Tax: $844
  • Annual Tax Amount: $7,694

Property Assessment:

  • Lot Assessment: $627,000
  • Building Assessment: $425,000
  • Total Assessment: $1,052,000

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1
  • Built in: 1926
  • Irregular: Yes
  • Lot Depth: 37.4 Metre
  • Lot Frontage: 15.24 Metre
  • Lot Size: 570.00 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 4

Revenue Units:

  • Pieces 5
  • Bedrooms 3
  • Baths 1
  • Pieces 5
  • Bedrooms 3
  • Baths 1
  • Pieces 5
  • Bedrooms 3
  • 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.

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