Excellent investment opportunity in Saint-Hubert! Located at 4040 Grand Boulevard, this 8-unit residential building features spacious 3-bedroom apartments and a prime location near shops, restaurants, schools, and essential services. With 7 units currently rented and 1 vacant unit, the property offers excellent potential for rental income optimization. Generating potential annual rental income of $117,612, this property is a great opportunity for investors looking to acquire a multi-residential building on Montreal's South Shore!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Located at 4040 Grand Boulevard in the Saint-Hubert area of Longueuil, this 8-unit residential building benefits from a strategic location close to numerous shops, restaurants, services, and everyday amenities.
Its convenient location makes daily life easier for tenants and enhances its rental appeal.
The building features 7 currently rented units and 1 vacant unit, listed for rent at $1,500 per month, offering excellent potential for rental income optimization.
With potential annual rental income of $117,612, this property represents an attractive opportunity for investors looking to acquire a multi-unit residential building on Montreal's South Shore.
An opportunity not to be missed in a desirable and well-located area!
Building details and property interior
Dimensions
34' 1" X 54' 2"
Year constructed
1977
Living area
5,619 ft²
Siding
Aluminum, Brick
Basement
6 feet and more
Lot and exterior features
Lot size
95' X 80'
Lot area
706.10 m²
Driveway
Asphalt, Double width or more
Parking (total)
Driveway (8)
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Elementary school, High school, Public transportation, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 301,500
Building assessment
$ 1,228,500
Total
$ 1,530,000
Taxes
Municipal
(2026)
$ 10,127
School
(2026)
$ 1,053
Total
$ 11,180
Gross annual revenues (potential)
Residential
$ 117,612
Total
$ 117,612
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.