Clean and well maintained triplex with an exceptional location near all services, amenities and public transport! This property has been well managed and still leaves room for income growth for the next buyers! The property is close to hospitals, metro stations, shopping, restuarants and so much more making it accessible for tenants and allowing for great revenu's. Please note all units are rented so visits must be scheduled minimum 48hrs notice. and the units who can accommodate will show the unit.
Sale without legal warranty of quality, at the buyer's risk and peril.
Groupe Baronello is pleased to present this excellent investment opportunity that is well located, clean, and offers great optimization possibilities for the next purchaser! Offering a great quality tenant, easy rentability and close to all services + amenities, this property makes investing an easy choice and a future proof property!
The Property: Triplex offering one fully renovated unit, one semi renovated unit and the last which is ready for full optimization! It has been well maintained by the current and the past owner and truly offers a unique investment opportunity. sitting on just over 2300ft2 of land, this low maintenance property truly does answer to all your investment needs.
The Location: Mercier remains one of Montreal's most in demand locations due to its proximity to three hospitals, 3 metro stations, elementary and high schools as well easy access to the east and west side of Montreal due to it's proximity to a number of main artery streets! Nestled between Sherbrooke, Rosemont, Langelier and Dickson this property is surrounded by everything you and your tenants will need in the long and short term!
The Investment: Currently generating just over $33,000 of yearly income with room to optimize in the future bringing those numbers closer to $45,000 per year, this property is a great entry level investment as well as a fantastic addition to your portfolio. It's low maintenance and great quality tenants make it easy for a first time investor or seasoned buyers alike. Long term this property offers the potential revenue, location, size and style that make it an easy decision!
Building details and property interior
Dimensions
26' 5" X 36' 5"
Year constructed
1941
Windows
PVC
Window Type
Sliding, Tilt and turn
Siding
Brick
Roofing
Asphalt and gravel
Dividing Floor
Wood
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot size
26' 5" X 90' 5"
Lot area
2,387 ft²
Topography
Flat
Proximity
Highway, CEGEP, Daycare centre, Golf, Hospital, Metro, Restaurants, Cafe's Schools Etc., Bicycle path, Elementary school, High school, Commuter train, Public transportation, Park