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$975,000
ULS: 21639974

5-6-7-Plex for sale
2399 - 2407 Rue Fullum, Montréal (Ville-Marie) (Centre)

Rare investment opportunity, strategically located 5plex offering stable income & remarkable potential for increase & optimization. 5 units providing comfortable living space and attractive features for tenants. Significant income increase potential with strategic rent adjustments, minor improvements & efficient management. Whether you're an experienced investor looking to add to your portfolio or a beginner seeking a first foray into the real estate market, this building represents an exceptional opportunity to see your wealth grow.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 355.90 m²

Property features

2 Bedrooms
1 Bathroom
Welcome to this rare investment opportunity: a strategically located 5-plex offering stable income with outstanding potential for optimization and growth.

2 x 3 ½ (left-side apartments)

2 x 4 ½ (right-side apartments -- double rooms, not entirely two closed bedrooms)

1 x 7 ½ (entire second floor)

Rental figures are as of September 29, 2025.

Regarding parking:

One space is currently occupied free of charge by a tenant, with no formal agreement in place. The buyer will need to negotiate the terms with this occupant. Rental value estimated at $150/month.

The second parking space is leased separately to unit 2403 at $130/month.

This property features five spacious residential units, each providing comfortable living space and strong appeal to potential tenants.

With stable tenants and consistent revenues, this 5-plex is a reliable income generator, ensuring a sustainable return on investment.

It offers significant upside potential through strategic rent adjustments, minor upgrades, and efficient management.

Whether you are an experienced investor looking to strengthen your portfolio, or a first-time buyer seeking a solid entry into the real estate market, this 5-plex represents an exceptional opportunity to generate long-term profits and build equity.

Located in the heart of Ville-Marie, a vibrant and fast-growing neighborhood, the property enjoys a highly desirable setting.

The area's cultural diversity and rich history make it one of Montreal's true gems. Nearby, you'll find a wide variety of restaurants, cafés, shops, art galleries, and parks--offering something for everyone. From lively streets to green spaces, this location delivers both convenience and lifestyle.

With easy access to public transit, major highways, and bike paths, tenants will move easily throughout the city and beyond. Schools, daycare centers, recreational facilities, and essential services are also close by, simplifying daily life.
Dimensions 26' X 58' 10" irr.
Year constructed 1910
Living area 355.90 m²
Siding Brick
Lot area 241.50 m²
Topography Flat
Parking (total) Driveway (2)
Proximity Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path, CEGEP
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 458,900
Building assessment
$ 611,600
Total
$ 1,070,500

Taxes

Municipal (2025)
$ 6,289
School (2025)
$ 829
Total
$ 7,118

Gross annual revenues (potential)

Residential
$ 56,424
Parking
$ 1,560
Total
$ 57,984

Inclusions

5 hot water tanks.

Exclusions

Tenants' personal effects.

Desjardins

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