Description

Opportunity for investor or owner-occupier! Ideally located in the Petite-Patrie area and its local businesses, this magnificent 5plex with 3 garages and very well maintained over the years, offers you a great potential to maximize your income. You will be charmed by the corner unit #5604 renovated with taste and offering very nice finishes. Located on 2 floors, you will enjoy an abundance of light. Don't miss this opportunity, ask for a visit!

Addendum

Opportunity for investor or owner-occupier! Ideally located in the Petite-Patrie area and its local businesses, this magnificent 5plex with 3 garages and very well maintained over the years, offers you a great potential to maximize your income. You will be charmed by the corner unit #5604 renovated with taste and offering very nice finishes. Located on 2 floors, you will enjoy an abundance of light. Everything has been planned: central vacuum, air exchanger, sound system in the living room and much more! The dining room opens onto an intimate 20 by 10 foot terrace where you will find a gas outlet for the barbecue. Upstairs, there is an office space, a boudoir, a magnificent bathroom and the master bedroom opening onto a terrace to enjoy the tranquility of the green lane. Due to its size, it would be possible to create a second bedroom to increase the rental income. Afterwards, let your imagination run wild with the loft of #1999 and its basement of 6 feet and more. Already equipped with a kitchen and bathroom, this unit offers great potential for maximizing income. Units #1997-2 and #1997-3 include very good tenants and rents will be increased as of July 1st 2022 to $1150 and $1011. Non-exhaustive list of renovations completed to date: - Roofing in 2014 - All plumbing and much of the electricity, meters and electrical inlets were replaced between 2010 and 2014 - Installation of a missing French drain on the back side of the building and 2 sumpumps in 2011 - Masonry work on the rear of the building facing the alley in 2014, on the upper part of the building facing de Bordeaux in 2010 and on the lower part of de Bordeaux and part of Dandurand in 2020 - Patio doors of #5604 in 2014 - Windows on #1997-2 - Garage doors in 2018 Don't miss this opportunity, request your tour!

Location: + Very close to Av. Papineau + 6 min walk from Parc du Père-Marquette and 10 min from Parc Lorimier + 7 min from the National Furniture and Woodworking School in Montreal + 10 min walk from the École des métiers de la construction de Montréal + 5 min walk from bus stops: 45, 359, 10 + 7 min walk from the Centre Educatif daycare + 9 min walk to Madeleine-de-Verchères School + Close to essential services

Description sheet

Features

Potential Gross Revenue

Assessment, Taxes and Expenses