Looking for an exceptional real estate investment opportunity? Look no further! We're pleased to present a unique property located at 1826-1842 avenue Desjardins, in Montreal, offering incredible optimization potential for savvy investors. Key features: 9 residential units, including 6 5 1/2 and 3 4 1/2 units. 4 renovated units! Potential for subdivision into 3 separate triplexes! Easy access to public transit, schools, shopping and more. This guarantees constant demand from potential tenants. Dwelling 1840 vacant since rented in AIRBNB
65'7" X 40'2" Irregular
Exceptional real estate investment opportunity in Montreal!
Looking for an exceptional real estate investment opportunity? Look no further! We are pleased to present a unique property located at 1826-1842 avenue Desjardins, in Montreal, which offers incredible optimization potential for discerning investors.
- 9 residential units: This property comprises 9 rental units, including 6 spacious 5 1/2 apartments and 3 comfortable 4 1/2 apartments.
- 4 renovated units: Currently, 4 of the 9 units have already been renovated, which means you can start generating income right away while having the option of upgrading the other 5 to increase their rental value.
- Subdivision potential: éA unique feature of this property is the possibility of subdividing it into 3 separate triplexes. This strategy could potentially increase the value of the property to nearly $3 million, offering a significant growth opportunity.
- Value optimization: If you prefer to maintain the current configuration, you have the option of optimizing the building to achieve a projected value of $2,870,000 (chartered appraisal report available). The options are numerous, and this property offers exceptional flexibility to maximize your return on investment.
- Strategic location: The site at 182-1842 avenue Desjardins in Montreal is ideally located, offering easy access to public transport, schools, shops and much more. This guarantees constant demand from potential tenants.
If you're looking for a real estate investment opportunity with considerable growth potential, this property is an option not to be missed. Contact us today for more information, schedule a visit and explore your options for making the most of this real estate optimization opportunity in Montreal.
n recent years, work necessary for the conservation of the building has been carried out, such as replacing 90% of the doors and windows, improving the building's insulation, re-roofing in 2022, plumbing work and the main drain in 2020.
65'7" X 40'2" Irregular
Driveway : 2
Metro , Park , Bicycle path , Public transportation
Electric baseboard units
3 hot water tanks rented from Hydro Solution. Unit 1834 includes 4 appliances. Unit 1840 fully furnished.
MORTGAGE PAYMENTS CALCULATOR
My name is DANY COLLARD, RE/MAX real estate broker. How may I help you?
Do you have a question?
Hello, my name is DANY COLLARD, real estate broker. Contact me for more information.