$949,000
New
ULS: 15603161

Quadruplex for sale
1608 - 1614 Rue Springland, Montréal (Le Sud-Ouest) (Côte-Saint-Paul)

Great opportunity in the Sud-Ouest! A very well-maintained 4-unit building comprising two 3½ and two 4½ apartments, generating $41,820 in annual gross revenue. Each unit has its own private storage locker and washer/dryer hookups. Features a backyard and balconies. Heating and electricity are paid by the tenants. Close to Jolicoeur metro station, local amenities, and major roadways. An excellent choice for an investor or a future owner-occupant. (See addendum)

Property features

1 Bedroom
1 Bathroom
Great opportunity in Southwest Montreal! This 4-unit building, constructed in 1955, has been meticulously maintained over the years and comprises two 3½-room units and two 4½-room units. The building is fully leased and currently generates $41,820 in annual gross revenue.

It is an attractive property for both investors and owner-occupants who might wish to live in one of the units while benefiting from the rental income of the other three--subject, of course, to regulations regarding the repossession of a rental unit.

Each unit has its own private storage space (locker) equipped with washer and dryer hookups.

Tenants also enjoy access to a backyard and balconies.

Heating and electricity costs are the responsibility of the tenants.

Located on Springland Street in the Côte-Saint-Paul/Ville-Émard area, the building enjoys a convenient location close to the Jolicoeur metro station, public transit, parks, schools, shops, and services. Access to major roadways is also easy.

A well-maintained four-unit building with existing rental income and a prime location, offering great potential for both investors and future owner-occupants.
Year constructed 1955
Siding Brick
Roofing Asphalt and gravel
Basement 6 feet and more, Unfinished
Lot area 259 m²
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 299,500
Building assessment
$ 369,600
Total
$ 669,100

Taxes

Municipal (2026)
$ 4,366
School (2026)
$ 543
Total
$ 4,909

Annual expenses

Equipment (rental)
$ 388
Total
$ 388

Energy expenses

Electricity
$ 300
Total
$ 300

Gross annual revenues (potential)

Residential
$ 41,820
Total
$ 41,820
Desjardins

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