Superb mixed-use duplex. Commercial space occupied by Marché Montréal-Est, a well-established business with over 30 years of history. Net lease generating $4,600/month, with the commercial tenant paying 100% of municipal and school taxes. Spacious 5½ upstairs with 3 bedrooms, masonry fireplace and kitchen with island, rented at $1,370/month including electricity and water. Large parking areas on both sides. Possibility to purchase the business.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Superb mixed-use duplex offering excellent investment potential with stable income and long-term value.
The commercial space on the main floor and basement is currently occupied by Marché Montréal-Est, a business with over 30 years of history and a well-established clientele. The commercial lease is a net lease, generating a net monthly rent of $4,600. The commercial tenant also pays 100% of the municipal and school taxes, significantly reducing ownership expenses.
On the second floor, you will find a spacious 5½ residential unit featuring 3 bedrooms, a masonry fireplace, a beautiful kitchen with island, and a bathroom with ceramic shower. The apartment is currently rented to a long-term tenant for $1,370/month, including electricity and water.
The property also benefits from large parking areas on both sides of the building (right-side servitude and left-side parking area), offering excellent accessibility and convenience.
There is also the possibility of purchasing the business if desired; otherwise, the current owner would like to remain as the commercial tenant.