$1,199,000
ULS: 13374877
Quadruplex for sale - Montréal (Ville-Marie) (Village)
1762 - 1764 Rue St-Christophe, Montréal (Ville-Marie) (Village)
LOCATION -- LOCATION -- LOCATION Building located right next to the Berri-UQAM metro station and which still offers room for optimization. 3 of the 4 accommodations have been renovated and the rents have been adjusted. The 4th accommodation, which is a 4-1/2, must be completely redone. See the addendum for more details.
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
2
Bedrooms
1
Bathroom
Addendum
THINGS TO KNOW ABOUT THIS PROPERTY
* Ideal location as it is located 300 meters from the Berri-UQAM metro station
* 3 of the 4 appartments have been renovated
* Still room for optimization since one of the appartments (1764A) must be completely renovated. This appartment is a semi-basement and has 2 bedrooms. The future rent should be at least around $1200-$1300
* The only costs assumed by the owner are taxes, insurance and the rental of a water heater.
* Heating and electricity charges are at the expense of the tenants
* The foundation is made of stones and rubble and would require intervention to preserve its integrity
* The age of the roof is unknown but it has been maintained and is not leaking
* No parking and no lawn therefore no snow removal and mowing costs
* The common area does not generate any costs for the owner
* Gross Income Multiplier (GIM) of 19.1
* Net income multiplier (NIM) of 23.8
* Ideal location as it is located 300 meters from the Berri-UQAM metro station
* 3 of the 4 appartments have been renovated
* Still room for optimization since one of the appartments (1764A) must be completely renovated. This appartment is a semi-basement and has 2 bedrooms. The future rent should be at least around $1200-$1300
* The only costs assumed by the owner are taxes, insurance and the rental of a water heater.
* Heating and electricity charges are at the expense of the tenants
* The foundation is made of stones and rubble and would require intervention to preserve its integrity
* The age of the roof is unknown but it has been maintained and is not leaking
* No parking and no lawn therefore no snow removal and mowing costs
* The common area does not generate any costs for the owner
* Gross Income Multiplier (GIM) of 19.1
* Net income multiplier (NIM) of 23.8
Building details and property interior
Dimensions
23' 11" X 50' irr.
Year constructed
1875
Lot and exterior features
Lot size
23' 11" X 50' irr.
Lot area
109.90 m²
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Water heater (1, 16)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 186,800
- Building assessment
- $ 831,700
- Total
- $ 1,018,500
Taxes
- Municipal (2024)
- $ 6,082
- School (2023)
- $ 765
- Total
- $ 6,847
Annual expenses
- Insurance
- $ 5,385
- Equipment (rental)
- $ 195
- Total
- $ 5,580
Gross annual revenues (potential)
- Residential
- $ 62,736
- Total
- $ 62,736
Inclusions and exclusions
Inclusions
4 fridges, 4 stoves, 3 washers, 3 dryers
Mortgage payment calculator
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