$1,285,000
ULS: 19050025
8-15-Plex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
7195 - 7201 2e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
Rare revenue property! 8 units, 1 (one) large cottage with 5 bedrooms and 7 additional units. Attractive revenue $88,800 per year with possibility of increasing. Heating, electricity and hot water included in each of the seven units. Located between St-Michel and Iberville Metro stations, short drive to highway 40 and walking distance to many convenience stores. Extremely well maintained from same owner for last circa 25 years. Today is retiring , so Golden Opportunity , not to be missed .
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
5
Bedrooms
2
Bathrooms
Addendum
Addenda
Located within walking distance of parks, schools and several stores, pharmacies, restos, 2 elementary schools, high-schools (10 min) and much more, Do Not Miss.
Cottage details
4 bedrooms + 1
5 parking spaces
2 bathrooms
INCLUSION
Blinds, curtains, rods, washer and dryer (common laundry room). Stoves, refrigerators, kitchen tables and chairs according to leases.
ADDENDA
-Common laundry room for 7 PLEX
-Fridges and stoves provided
-Street parking available
-Bright daylight
-Building with excellent tenants
Apt. 01 (2 1/2) $637/month
Apt. 02 (2 1/2) $717/month
Apt. 03 (2 1/2) $715/month
Apt. 04 (2 1/2) $665/month
App. 05 (2 1/2) $736/month
App. 06 (2 1/2) $615/month
Apt. 07 (2 1/2) $615/month
Well-maintained building
Some upgrades and renos:
2004 Owner's kitchen and dining room
2008 and 2013 : Windows
2008 Pex plumbing
2010 Roof and brick joint
2014 Renovation of 2 owner's bathrooms
2016 New balconies
2021 Waterproofing of rear foundation
2022 Asphalt and fence
and much more!
Annual energy costs for both properties circa 6000$ paid by owner for ( Heating hot water and electricity)
Please see servitudes on certificate of location .
Located within walking distance of parks, schools and several stores, pharmacies, restos, 2 elementary schools, high-schools (10 min) and much more, Do Not Miss.
Cottage details
4 bedrooms + 1
5 parking spaces
2 bathrooms
INCLUSION
Blinds, curtains, rods, washer and dryer (common laundry room). Stoves, refrigerators, kitchen tables and chairs according to leases.
ADDENDA
-Common laundry room for 7 PLEX
-Fridges and stoves provided
-Street parking available
-Bright daylight
-Building with excellent tenants
Apt. 01 (2 1/2) $637/month
Apt. 02 (2 1/2) $717/month
Apt. 03 (2 1/2) $715/month
Apt. 04 (2 1/2) $665/month
App. 05 (2 1/2) $736/month
App. 06 (2 1/2) $615/month
Apt. 07 (2 1/2) $615/month
Well-maintained building
Some upgrades and renos:
2004 Owner's kitchen and dining room
2008 and 2013 : Windows
2008 Pex plumbing
2010 Roof and brick joint
2014 Renovation of 2 owner's bathrooms
2016 New balconies
2021 Waterproofing of rear foundation
2022 Asphalt and fence
and much more!
Annual energy costs for both properties circa 6000$ paid by owner for ( Heating hot water and electricity)
Please see servitudes on certificate of location .
Building details and property interior
Dimensions
42' X 51' 10" irr.
Year constructed
1948
Window Type
Sliding, Casement
Siding
Brick
Roofing
Elastomeric membrane
Washer/Dryer (installation)
In Cottage (SS)
Kitchen Cabinets
Wood
Lot and exterior features
Lot size
49' 10" X 93' 6"
Lot area
435 m²
Driveway
5 Parkings , Asphalt
Parking (total)
Driveway (5)
Proximity
Public transportation, Metro, Daycare centre, Park
Characteristics
Heating Energy
Elect Hot Water, Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Single
Financial details
Municipal assessment (2023)
- Total
- $ 1,108,000
Taxes
- Municipal (2024)
- $ 7,036
- School (2023)
- $ 841
- Total
- $ 7,877
Annual expenses
- Insurance
- $ 3,800
- Total
- $ 3,800
Energy expenses
- Electricity
- $ 5,730
- Total
- $ 5,730
Gross annual revenues (potential)
- Residential
- $ 56,412
- Total
- $ 56,412
Inclusions and exclusions
Inclusions
Blinds, curtains, curtain rods, Washer and dryer (shared laundry room), Stove and fridge in majority of dwellings according to leases
Exclusions
Personal items belonging to the tenants
Mortgage payment calculator
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