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$1,159,000
ULS: 10785273

Quadruplex for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)

8925 - 8929 Rue Berlinguet, Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)
Amazing investment property located in a family friendly neighbourhood of Montreal composed of a large main residence (7 1/2), two (4 1/2) and a (3 1/2). Double-heated garage with two car driveway, a huge backyard on a 7000 sf. lot! All tenants pay their own utilities, fully electric, new roof, new floors, quartz countertop, wood cabinets. The property has been very well maintained and lots of quality renovations since purchase. Great location, walking distance to Honoré-Beaugrand station, public transport, elementary and high schools, daycare, grocery stores, easy access to Hwy 25 and 40 and so much more! Do not miss this one!
Living area 3,070 ft²

Property features

4 Bedrooms
2 Bathrooms

TASFIQUE KHAN

Residential and Commercial Real Estate Broker

RE/MAX ACTION INC.

IMTIAZ KHAN

Real Estate Broker

RE/MAX ACTION INC.

Amazing investment property located in a family friendly neighbourhood of Montreal composed of a large main residence (7 1/2), two (4 1/2) and a (3 1/2). Double-heated garage with two car driveway, a huge backyard on a 7000 sf. lot! All tenants pay their own utilities, fully electric, new roof, new floors, quartz countertop, wood cabinets. The property has been very well maintained and lots of quality renovations since purchase. Great location, walking distance to Honoré-Beaugrand station, public transport, elementary and high schools, daycare, grocery stores, easy access to Hwy 25 and 40 and so much more! Do not miss this one!

Notice: This is a great opportunity to own a large piece of land in the city as it is rare and it gives you the potentiel to increase the value of your investment. There are many large multi-residential properties in the area as well to be used as comparables. The size of the lot and street located in the back may allow additional construction opportunities to sub-divide and build another multiplex in the future with city permits (To be verified by the buyer).
Dimensions 40' X 38'
Year constructed 1968
Living area 3,070 ft²
Windows Aluminum
Window Type Sliding
Siding Concrete, Stone, Brick
Roofing Elastomeric membrane
Garage Heated, Double width or more, Built-in
Kitchen Cabinets Wood
Bathroom Separate shower, Ensuite bathroom
Basement 6 feet and more, Outdoor entrance, Finished basement
Lot size 50' X 140'
Lot area 7,000 ft²
Topography Flat
Driveway Double width or more, Asphalt
Parking (total) Driveway (2), Garage (2)
Pool Above-ground
Proximity Hospital, Metro, Park, Bicycle path, Highway, High school, Commuter train, Public transportation, University, Elementary school, CEGEP, Daycare centre
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Fire detector (N), Wall-mounted heat pump, Wall-mounted air conditioning
Water Supply Municipality
Sewage System Municipality
Occupancy Double, Single, Triple

Financial details

Municipal assessment (2021)

Lot assessment
$ 487,700
Building assessment
$ 391,100
Total
$ 878,800

Taxes

Municipal (2024)
$ 5,780
School (2024)
$ 680
Total
$ 6,460

Gross annual revenues (potential)

Residential
$ 60,000
Parking
$ 6,480
Total
$ 66,480

Inclusions

4 hot-water tanks.

Exclusions

All of tenant's personal belonging, furnitures and appliances.

Desjardins

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