Quadruplex in Montréal (Rosemont/La Petite-Patrie)

1,425,000 $
Description
MUST-SEE! Rare, fully renovated 4plex in the heart of Little Italy. Excellent effective revenues of $70,440, with potential for further optimization. IDEAL location just 400m from Beaubien metro station, 600m from Jean-Talon Market, and steps from the neighbourhood's many sought-after destinations (Walk Score: 99!). Large 110-foot-deep lot with frontage on both Drolet and Henri-Julien, offering optimal sun exposure. Numerous notable features and strategic renovations, see Addendum and sellers' declaration for full details.
Highlights
In addition to its highly strategic and sought-after location, the property offers numerous notable perks:
(+) Stable, high-quality tenants (+) Standard July 1st leases (+) Spacious, renovated units with actual closed bedrooms (+) Updated kitchens with granite countertops (+) Exterior ventilation in all bathrooms (+) Recent heat pumps installed in all 4 units (+) Heating and electricity paid by tenants (+) Masonry in excellent condition, roofing redone (+) Abundant windows and generous outdoor spaces (+) Large 110-foot-deep lot with perfect sun orientation (+) 2 private parking spaces (1 currently available for rent, offering additional income potential)
Meticulously maintained and renovated over the years:
(+) Rear windows replaced (2023) (+) Crawl space thoroughly cleaned and improved (2021) (+) Elastomeric membrane roof (2020) (+) New roof structure and attic insulation (2020) (+) New steel main beam installed by Bisson Experts (2019) (+) Heat pumps installed in all 4 units (2018-2020) (+) 2 skylights replaced (2018-2019) (+) New ABS main drainage line (2018) (+) Hardwood flooring in all 4 units (2017) (+) Bathrooms renovated in all 4 units (2017)
All this, on one of the neighbourhood's most beautiful streets!
An opportunity not to be missed!
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