$4,699,000
New
ULS: 23725582
16+-Plex
for sale
1644 - 1656 Rue Atateken, Montréal (Ville-Marie) (Village)
14 units fully renovated in 2015--ideal for an investor seeking a building that offers stability and ease of management. Gross annual income of $302,220 and excellent rental appeal in "Le Village," close to UQAM and the Beaudry metro station. Several units feature rooftop mezzanines, balconies, and terraces. 12 units are air-conditioned; the building includes storage spaces and a stone façade. A well-maintained, high-performing rental property requiring minimal work. A turnkey investment in a sought-after rental area. Phases 1 and 2 completed. A 5-minute walk from Berri-UQAM station. Not to be missed.
Sale with exclusion(s) of legal warranty - See listing broker(s)
VINCENT LEDUC
Commercial Real Estate Broker
Addendum
14-UNIT BUILDING -- LE VILLAGE
REVENUE
* Annual gross rental income: $302,200
* Excellent rental appeal
* Heating and electricity paid by tenants
UNIT MIX
* 6 × 3½
* 4 × 4½
* 4 × 5½
* 14 units total
* 3-story building with mezzanines and garden-level units
FEATURES
* Fully renovated in 2015
* Several units with mezzanines and terraces
* 12 units with air conditioning
* Appliances included
* Internet included
* Storage spaces
* Stone façade
* Well-maintained building
LOCATION
Located in Le Village, close to UQAM and Beaudry metro station, as well as numerous shops, services, and public transit options.
INVESTMENT OPPORTUNITY
Rental building generating $302,200 in annual gross income, with heating and electricity costs covered by tenants. Fully renovated in 2015 and offering several sought-after features. A turnkey, well-established, and easy-to-manage property in a central Montreal rental district.
REVENUE
* Annual gross rental income: $302,200
* Excellent rental appeal
* Heating and electricity paid by tenants
UNIT MIX
* 6 × 3½
* 4 × 4½
* 4 × 5½
* 14 units total
* 3-story building with mezzanines and garden-level units
FEATURES
* Fully renovated in 2015
* Several units with mezzanines and terraces
* 12 units with air conditioning
* Appliances included
* Internet included
* Storage spaces
* Stone façade
* Well-maintained building
LOCATION
Located in Le Village, close to UQAM and Beaudry metro station, as well as numerous shops, services, and public transit options.
INVESTMENT OPPORTUNITY
Rental building generating $302,200 in annual gross income, with heating and electricity costs covered by tenants. Fully renovated in 2015 and offering several sought-after features. A turnkey, well-established, and easy-to-manage property in a central Montreal rental district.
Building details and property interior
Dimensions
42' X 60' irr.
Year constructed
1891
Siding
Brick, Stone
Roofing
TPO
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
50' X 76' 5"
Lot area
3,825 ft²
Topography
Flat
View
View of the city
Proximity
Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path, CEGEP
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2021, 05), Phase 2 (2021, 07)
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 746,300
- Building assessment
- $ 3,837,300
- Total
- $ 4,583,600
Taxes
- Municipal (2026)
- $ 25,925
- School (2026)
- $ 3,267
- Total
- $ 29,192
Annual expenses
- Insurance
- $ 13,045
- Other
- $ 1,500
- Total
- $ 14,545
Energy expenses
- Electricity
- $ 1,086
- Total
- $ 1,086
Gross annual revenues (potential)
- Residential
- $ 302,220
- Total
- $ 302,220
Inclusions and exclusions
Inclusions
According to the leases.
Exclusions
According to the leases.
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.