***15 vacant units*** 24-unit building located in Pointe-aux-Trembles offering strong optimization potential. Property requiring renovations, allowing for significant rent increases in the medium term. Developing area with stable rental demand and sustained growth. Opportunity for an investor looking to reposition an asset and maximize value through active management and strategic improvements. Well-configured units facilitating modernization and rent optimization.
Sale with exclusion(s) of legal warranty - See listing broker(s)
***15 vacant units*** 24-unit residential apartment building located in the established Pointe-aux-Trembles submarket, strategically positioned with direct access to major transportation corridors and essential services. The property generates solid baseline income while presenting meaningful optimization potential. The current rental portfolio offers significant upside through selective unit modernization and market-rate rental adjustments. The building also benefits from efficient operational infrastructure, enabling margin enhancement through energy optimization and ancillary revenue activation. This investment profile is particularly well-suited for experienced multifamily investors seeking value creation through active management in a stable residential market.
Building details and property interior
Dimensions
71' X 80' 6"
Year constructed
1968
Windows
Aluminum, PVC
Window Type
Guillotine, Sliding
Siding
Aluminum, Brick
Roofing
Elastomeric membrane
Garage
Heated, Built-in, Underground, Attached, Double width or more
Basement
6 feet and more, Garage, Outdoor entrance
Lot and exterior features
Lot size
92' X 120'
Lot area
11,107 ft²
Driveway
Asphalt
Parking (total)
Garage (15)
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University, Highway
Characteristics
Heating System
Hot water, Electric baseboard units