$1,285,000

8 plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$1,285,000

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$1,285,000

8 plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

$1,285,000

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7195 - 7201 2e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H2A 3G8

Rare revenue property! 8 units, 1 (one) large cottage with 5 bedrooms and 7 additional units. Attractive revenue $88,800 per year with possibility of increasing. Heating, electricity and hot water included in each of the seven units. Located between St-Michel and Iberville Metro stations, short drive to highway 40 and walking distance to many convenience stores. Extremely well maintained from same owner for last circa 25 years. Today is retiring , so Golden Opportunity , not to be missed .

  • Lot area: 4,682 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1948
MARIO CONTE INC.
Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

42' X 51'10" Irregular

1948

Sliding , Casement

Brick

Elastomeric membrane

Addenda
Particularities plusParticularities minus

Addenda
Located within walking distance of parks, schools and several stores, pharmacies, restos, 2 elementary schools, high-schools (10 min) and much more, Do Not Miss.

Cottage details

4 bedrooms + 1
5 parking spaces
2 bathrooms


INCLUSION

Blinds, curtains, rods, washer and dryer (common laundry room). Stoves, refrigerators, kitchen tables and chairs according to leases.

ADDENDA

-Common laundry room for 7 PLEX
-Fridges and stoves provided
-Street parking available
-Bright daylight
-Building with excellent tenants

Apt. 01 (2 1/2) $637/month
Apt. 02 (2 1/2) $717/month
Apt. 03 (2 1/2) $715/month
Apt. 04 (2 1/2) $665/month
App. 05 (2 1/2) $736/month
App. 06 (2 1/2) $615/month
Apt. 07 (2 1/2) $615/month

Well-maintained building
Some upgrades and renos:

2004 Owner's kitchen and dining room
2008 and 2013 : Windows
2008 Pex plumbing
2010 Roof and brick joint
2014 Renovation of 2 owner's bathrooms
2016 New balconies
2021 Waterproofing of rear foundation
2022 Asphalt and fence

and much more!


Annual energy costs for both properties circa 6000$ paid by owner for ( Heating hot water and electricity)

Please see servitudes on certificate of location .

Building details and property interior
Particularities plusParticularities minus

42' X 51'10" Irregular

1948

Sliding , Casement

Brick

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

49'10" X 93'6"

4,682.3 SF

Asphalt , 5 Parkings

Driveway : 5

Daycare centre , Metro , Park , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Elect Hot Water , Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Blinds, curtains, curtain rods, Washer and dryer (shared laundry room), Stove and fridge in majority of dwellings according to leases

Personal items belonging to the tenants

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2024)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
Energy
7195 - 7201 2e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel), H2A 3G8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 24.1%
  • 21.0%
  • 11.7%
  • 18.2%
  • 25.0%
  • 4.3%
  • 7.9%
  • 29.4%
  • 54.9%
  • 3.4%
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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MARIO CONTE INC.
Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2024)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
Energy
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