Excellent investment opportunity. 6-plex consisting of six well-configured 4 ½ apartments, generating good income. Excellent location near the Cadillac metro station, offering exceptional rental appeal. $79,992 in potential annual income: $65,052 in actual income + $14,940 in potential income for apartment #4, which was left vacant upon the tenant's departure to facilitate viewings (rental value of $1,245/month). Storage spaces in the basement for each unit and a paved backyard shared by the tenants of the two ground-floor apartments. Many renovations done over the years. A must-see!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Each unit features good-sized rooms, hardwood floors, a patio door in the living room, 2 balconies, washer and dryer hookups, closets in the corridor and in the bedrooms, linen closet in the bathroom, a pantry in the kitchen, and a locker of approx 100 sf in the basement. The appartement of the janitor (Apt 1) has a bigger stotage space (approx 200 sf).
Work done over the years: -Carpet removal in all apartments (hardwood flooring throughout). -Renovation of all kitchens and bathrooms. -Soundproofing of apartment ceilings, either by adding gypsum and acoustic panels, or by cellulose insulation. Note: Apartment 1 is only partially soundproofed. -Installation of acoustic hardware on the doors giving access to each apartment (from the main staircase). -Replacement of the main staircase doors with 20-minute fire-rated solid wood core doors. -Installation of double French doors in apartments 2 to 6 (between the kitchen and the living room). -Replacement of bedroom doors in apartments 2 to 5, and all doors in apartment 1. -Installation of a skylight in the kitchen of apartment 5.
* A quotation for maçonery work has been done and is available.
Close by: -Two minutes walk to te Cadillac Metro Station. - Close to various to primary schools and high schools. -1,6 km from l'Hopital Maisonneuve. -A 30 minutes walk to Parc Maisonneuve (Jardin Botanique, Stade Saputo, Cinéma). -A 30 minutes walk to Place Versailles. -Stores: Metro Plus (700 m),Jean Coutu (700 m), SAQ (800 m), Walmart (850 m).
*** The pictures of apartments 2, 3, and 5 were taken between tenancies; they are currently occupied.
Building details and property interior
Dimensions
50' X 35'
Year constructed
1956
Windows
Aluminum
Window Type
Sliding
Siding
Brick
Roofing
Elastomeric membrane
Basement
Low (less than 6 feet), Unfinished
Lot and exterior features
Lot area
4,098 ft²
Topography
Flat
Proximity
Hospital, Metro, Park, Elementary school, High school