$2,249,900

9-plex for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

$2,249,900

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$2,249,900

9-plex for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

$2,249,900

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1826 - 1842 Av. Desjardins, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve), H1V 2G9

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

  • Lot area: 6,747 SF
  • NUMBER OF ROOMS : 0
DANY COLLARD
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

65'7" X 40'2" Irregular

Unknown

Stone

Brick

Elastomeric membrane

Addenda
Particularities plusParticularities minus

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.

Key features:
- 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.

Building details and property interior
Particularities plusParticularities minus

65'7" X 40'2" Irregular

Unknown

Stone

Brick

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

6,746.82 SF

Asphalt

Driveway : 2

Metro , Park , Bicycle path , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

3 hot water tanks rented from Hydro Solution. Unit 1834 includes 4 appliances. Unit 1840 fully furnished.

tenant effects

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
1826 - 1842 Av. Desjardins, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve), H1V 2G9
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 17.8%
  • 20.0%
  • 11.2%
  • 16.9%
  • 34.2%
  • 0.4%
  • 0.4%
  • 4.2%
  • 89.7%
  • 5.3%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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DANY COLLARD
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
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