Presenting a fantastic investment opportunity in Montreal! This multi-residential property boasts 8 spacious and well-maintained 4 1/2 apartments, generating an impressive annual revenue of $78,240. Tenants pay for their own heating, electricity, and hot water, simplifying management. Moreover, two apartments have been beautifully renovated, adding a modern touch. In addition to these perks, the property offers two lucrative paying parking spots. With excellent tenants and the property in great condition, this opportunity is not to be overlooked.

Welcome to this incredible investment opportunity in the
residential area of Montréal-Nord! This multi-residential
property features 8 units, specifically 8 spacious and
comfortable 4 1/2 apartments. With an impressive annual
revenue of $78,240, this income-generating property
promises a substantial return on investment.

The property has undergone significant renovations, with
over $300,000 invested in upgrades. Notably, all doors and
windows were replaced in 2022, ensuring enhanced energy
efficiency and modern aesthetics. Additionally, the hot
water tanks and plumbing systems have been updated,
providing peace of mind for both the owner and tenants.

Two basement units have undergone a complete renovation,
adding a contemporary touch to the property. These
renovated units are sure to attract high-quality tenants,
further enhancing the desirability of this investment.

Regarding expenses, the property's insurance costs amount
to $5,413, ensuring proper coverage and protection. The
hydro expenses stand at $192, reflecting the energy
consumption of the building. The municipal taxes amount to
$6,365, contributing to the upkeep and maintenance of the
surrounding area. Lastly, the school taxes are $676,
supporting the local education system.

With attention to detail and a commitment to quality, this
property offers excellent potential for investors seeking a
reliable income stream. The combination of recent
renovations, upgraded windows and plumbing, and attractive
4 1/2 units make this investment an enticing opportunity.

Situated in Montréal-Nord, the property benefits from a
residential neighborhood known for its convenience and
tranquility. Residents can enjoy the nearby amenities,
including parks, schools, and shopping centers. Easy access
to public transportation and major roadways further enhance
the property's appeal.

In summary, this multi-residential property in
Montréal-Nord presents a compelling investment opportunity.
With its 8 well-maintained 4 1/2 units, substantial
revenue, recent renovations, and essential updates, this
property offers a promising income potential for savvy
investors. Don't miss out on this chance to own a piece of
Montréal's thriving real estate market.

Inclusions : According to the leases.

Exclusions : According to the leases.



Landscaping Fenced
Cupboard Melamine
Basement foundation Concrete slab on the ground
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Windows PVC
Siding Wood, Brick
Proximity Highway, Hospital, Park - green area, Elementary school, High school, Public transport
Basement 6 feet and over
Parking Outdoor
Sewage system Municipal sewer
Window type Hung, Crank handle
Topography Flat
Zoning Residential
Distinctive features Environmental study phase 1
Roofing Asphalt and gravel
Driveway Asphalt