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$1,298,000 +GST/QST
ULS: 27321010

Quadruplex for sale - Montréal (Rosemont/La Petite-Patrie) (La Petite-Patrie)

6806 - 6812 Rue St-Hubert, Montréal (Rosemont/La Petite-Patrie) (La Petite-Patrie)
Investment Property with optimization opportunity to seize! This revenue property is located in a very sought-after area close to all services. It Includes 2 residential units the 6810 was Renovated in 2018 and 2 commercial units were completely renovated in 2012 with A/C installation, the potential for valuation for investors for commercial income. A great investment, very well maintained, potential to add more units to increase revenue, easy to rent in this area and within everyone's reach, shops, services, markets, walking distance to public transportation and much more...
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
1 Bathroom

ELISE OIKNINE

Real Estate Broker

RE/MAX ACTION INC.

ATTENTION INVESTORS: CAN EXPAND BY ADDING UNITS ABOVE FOR ADDITIONAL REVENUES.

Seize this opportunity! Semi Semi-commercial building with POTENTIAL of optimized value and rents!

This building is comprised of three floors with 2 residential apartments and two commercial units on the main floor.
2012-The two commercial units were renovated. The main floor size is approx.. 1250 sq. ft. plus an additional basement stockroom used for storage and inventory. Both units are comprised of a Central AC, and a Sump pump, and one of them has a washer/dryer.

Tenants (4) are all responsible for their usage of utilities and snow removal if applicable.

*The Two residential units are comprised of 3 bedrooms and 1 bathroom with front and back balconies.

*The 6810 is located on the second floor and has been renovated in 2018
*The two commercial units are comprised of 2 rooms which are separated with a front and back door to accommodate an office space and inventory plus one bathroom
*The building itself was also reinforced in 2012 to build more units
*Potential to expand in building more units to increase revenues and value of building!
**Rent increases every year for both commercial and residential units.
*Bricks along 6812 on either side and behind the 6810 exits (balcony) were also redone in 2012
*Two new sump pumps were installed in 2021 in both commercial units.
*All Water tanks are owned by SBK and ALL have been recently replaced.
*New tiling was done in May for a more appealing frontage
*Possibility to rent parking at the back of the building approx. $100/month per spot.

**As of July 1, the rent for 6812 will be 1060$ per month
**As of Aug 1, the rent for 6810 will be 1586$ per month

Location:
*Close to EVERYTHING, marché Jean-Talon, Schools, shops, restaurants, banks and especially transportation.

Dimensions 25' X 109'
Year constructed 1910
Siding Brick
Roofing Asphalt and gravel
Basement 6 feet and more
Proximity Highway, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2023)

Lot assessment
$ 367,100
Building assessment
$ 633,500
Total
$ 1,000,600

Taxes

Water (2024)
$ 488
Municipal (2024)
$ 17,192
School (2024)
$ 781
Total
$ 18,461

Annual expenses

Insurance
$ 8,000
Total
$ 8,000

Gross annual revenues (potential)

Residential
$ 30,300
Commercial
$ 59,688
Total
$ 89,988
Desjardins

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