LOCATION + INCOME + CONDITION: Is this not the formula for the best investments? This 5plex ideally located just steps away from Jean-Talon subway generates generous income of $ 74,000 and has been subjected to a program of continuous preventive maintenance. For the first time on the market since 1983, do not miss this very rare opportunity.
Appliances (RDC), Library in the office (RDC)
4 water heater rented to Hydro-Solution, Lighthing fixture over the dining table.
Municipal evaluation (2015)
Solid 5plex still rented just steps from the Jean-Talon
metro station, the Jean-Talon market, the shops of
Castelneau street, Jarry Park, Plaza Saint-Hubert, Little
Italy and Mile-Ex. Located in the heart of the most wanted
neighborhood by tenants, on the famous and prestigious rue
Saint-Denis. The RDC could also be rented for commercial
Currently generating $ 74,000 in annual revenue, the
building has additional potential with parking and basement
storage. Converting the RDC into a commercial space would
increase the building's revenues beyond $ 100,000. (Rental
value of approximately $ 4800 / month).
Rebuilt in 1983 following a fire, this building benefits
from current components such as plumbing and electricity
redone to 100%. In addition, the roof has been recently
changed and the building has followed a continuous
preventative maintenance program. In 1996, the ground floor
unit was renovated and soundproofed for the comfort of the
owner occupant or a potential commercial tenant.
LOCATION + REVENUES + CONDITION
For the first time on the market since 1983, this building
has been a first class investment for its current owner.
This one is ready to transmit it in turn so that it
continues to generate a return on investment of at least
15% per year (IRR \ ROI) for the rest of your life.
- 3 parking lots
- 4 Storage spaces for tenants
- Balconies for each accommodation
- Building rebuilt in 1983 including electricity and
- White bilayer membrane roof (2016)
- Very well maintained by careful owners
- Real turnkey
- Always rented by first class tenants
- Commercial opportunity on the ground floor
- Possibility of increasing the income with the parking and
a commercial rental of the RDC.
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