Property Information:
Charming 4plex in the sought-after Mercier-Hochelaga-Maisonneuve neighborhood. Built in 1949 by the same family that has lovingly maintained it since, this property offers a rare mix of history and opportunity. It features a spacious 7 1/2 unit, a 5 1/2 unit, and two 3 1/2 units, with two currently rented for $1,400/month and a projected annual income of over $49,000. The property includes two indoor garages, a valuable asset in this urban setting. Steps from Préfontaine Metro, it boasts a Walk Score of 91 and is close to shops, schools, parks, and landmarks like the Olympic Stadium. Perfect for investors or owner-occupants.
Welcome to 3198 Sherbrooke E., Montreal, in the vibrant Mercier-Hochelaga-Maisonneuve neighborhood. 4plex with long-term ownership; built in 1949 by the same family and lovingly maintained ever since.
Unit Breakdown:
- 1 x 7 1/2 unit
- 1 x 5 1/2 unit
- 2 x 3 1/2 units
Income Potential
- Two units currently rented at $1,400/month
- Projected annual revenue: Over $49,000.
Amenities:
- Includes 2 indoor parking spaces, a rare convenience in this area.
Neighborhood Highlights
- Steps from Préfontaine Metro (Green Line).
- Walk Score: 91 ("Walker's Paradise") and Bike Score: 95.
- Near grocery stores, cafes, restaurants, and local shops along Promenade Ontario.
- The property is near Promenade Ontario, a bustling strip with boutiques, pharmacies, and home goods stores.
Larger shopping centers, like Place Versailles, are accessible within a few minutes by car or transit.
- Close to major landmarks like the Olympic Stadium, Biodome, Botanical Garden, and Maisonneuve Market.
- Easy access to schools, parks, and public transit.
- Nearby highways (25 and Notre-Dame) connect to downtown Montreal in 20 minutes.
This property offers a prime investment opportunity in a desirable, high-demand neighborhood. Perfect for owner-occupants or investors looking to expand their portfolio.
Exclusions : Tenant's belongings, Apartment C Fridge & Stove
Building Features:
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Style:
Fourplex
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Foundation:
Poured concrete
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Garage:
Built-in
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Parking:
Garage
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Size:
29.0 x 35.3 Feet
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Heating Energy:
Electricity
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Water Supply:
Municipality
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Sewage System:
Municipality
