$1,099,000
ULS: 22176253
Quadruplex for sale - Montréal (Le Sud-Ouest) (Saint-Henri)
379 - 387 Rue St-Ferdinand, Montréal (Le Sud-Ouest) (Saint-Henri)
Former 5plex converted to 4plex, in a very easy to rent location! Over $60,000 in potential gross revenues and one unit will be available to the buyer. St-Henri is a trendy, central neighborhood, in high demand with countless services and attractions within walking distance. Many renovations have been carried out by the current owner over the past 10 years (kitchens, bathrooms, floors, interior doors, etc.). Each unit has space to set up a desk for working from home. Good tenants who get along well and interesting rents, with the possibility of optimization. Do not hesitate to request more details!
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
AURA BONTEMS
Residential and Commercial Real Estate Broker
RE/MAX ACTION INC.
Addendum
Interesting opportunity to acquire a rental property in a sought after area! Over $60,000 in gross potential income. You can take advantage of the owner-occupied unit to live in or to choose your tenant to begin optimizing the revenues immediately.
*Former 5-plex converted to 4-plex.
*Fenced yard, accessible by a porte-cochère
*The crawl space is 5-6 feet in height and can be accessed from the ground floor units or the yard
*Electricity, heating and hot water paid by the tenants, with a service meter for the crawlspace
*The unit on the second floor which has been extended is very bright, has a terrace and there is the possibility of making a third good sized bedroom.
*Many renovations have been done over the years by the current owner (kitchens, bathrooms, floors, interior doors, roof, balconies and fire escapes, etc.)
*Central location in a very popular area, close to the metro, grocery store, cafes, restaurants, etc.
*Excellent tenants who get along well.
*Each unit has the space to set up an office for teleworking
*There are no pets living in the building
*Interesting rents, with still the possibility of optimization
*Very easy to rent, the current owner has never had vacancy in 10 years
Close to all services, including:
*Lachine Canal
*Atwater Market
*Place-St-Henri metro station, busses and bike paths
*Grocery stores, cafes, bars and restaurants (Café St-Henri, Terrasses St-Ambroise, Riverside, Rustique, Elena, Satay Bros, Sumac, Tacos Frida and Victor, IGA, La Dipperie, etc, etc, etc)
*Sports centers and gyms: Place Gadbois, Gym Hard Knox
*Daycare centres, St-Henri secondary school, St-Zotique elementary school
*Walking distance to Westmount and downtown
Visits will be possible only after an accepted promise to purchase.
*Former 5-plex converted to 4-plex.
*Fenced yard, accessible by a porte-cochère
*The crawl space is 5-6 feet in height and can be accessed from the ground floor units or the yard
*Electricity, heating and hot water paid by the tenants, with a service meter for the crawlspace
*The unit on the second floor which has been extended is very bright, has a terrace and there is the possibility of making a third good sized bedroom.
*Many renovations have been done over the years by the current owner (kitchens, bathrooms, floors, interior doors, roof, balconies and fire escapes, etc.)
*Central location in a very popular area, close to the metro, grocery store, cafes, restaurants, etc.
*Excellent tenants who get along well.
*Each unit has the space to set up an office for teleworking
*There are no pets living in the building
*Interesting rents, with still the possibility of optimization
*Very easy to rent, the current owner has never had vacancy in 10 years
Close to all services, including:
*Lachine Canal
*Atwater Market
*Place-St-Henri metro station, busses and bike paths
*Grocery stores, cafes, bars and restaurants (Café St-Henri, Terrasses St-Ambroise, Riverside, Rustique, Elena, Satay Bros, Sumac, Tacos Frida and Victor, IGA, La Dipperie, etc, etc, etc)
*Sports centers and gyms: Place Gadbois, Gym Hard Knox
*Daycare centres, St-Henri secondary school, St-Zotique elementary school
*Walking distance to Westmount and downtown
Visits will be possible only after an accepted promise to purchase.
Building details and property interior
Dimensions
38' 6" X 44' 2"
Year constructed
Unknown
Siding
Brick, Vinyl
Roofing
Elastomeric membrane
Dividing Floor
Wood
Basement
Low (less than 6 feet), Outdoor entrance, Unfinished, Crawl space
Renovations
Floor (2015), Roof covering (2018), Bathroom (2015), Kitchen (2015), Balconies and back staircases (2016)
Lot and exterior features
Lot area
3,464 ft²
Topography
Flat
Proximity
Highway, CEGEP, Daycare centre, Metro, Park, Lachine Canal, Atwater Market, Elementary school, High school, Cross-country skiing, Public transportation, University, Bicycle path
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Single
Financial details
Municipal assessment (2021)
- Lot assessment
- $ 345,300
- Building assessment
- $ 599,800
- Total
- $ 945,100
Taxes
- Municipal (2023)
- $ 5,535
- School (2023)
- $ 642
- Total
- $ 6,177
Energy expenses
- Electricity
- $ 540
- Total
- $ 540
Gross annual revenues (potential)
- Residential
- $ 60,084
- Total
- $ 60,084
Inclusions and exclusions
Inclusions
4 refrigerators, 3 stoves, 4 dishwashers
Exclusions
Living room and bedroom light fixtures in unit 387 and the tenants' personal property.
Mortgage payment calculator
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