**OPPORTUNITY FOR INVESTORS / BUILDERS** Magnificent detached corner 8 unit building with HUGE potential. Located in a sought-out area of le plateau. Land at the back is exploitable...can build additional units for higher annual income. Currently, there are 5 semi-furnished apartments plus 3 ready to be built. Great Project with LOTS of potential!
55'2" X 32'
Wood , Ceramic
RARE OPPORTUNITY for Entrepreneurs and/or Investors. This stone detached building 8plex wraps around corner ave. des Erables. Presents lots of Potential!! Can build on the REAR LOT for additional income, includes back terraces, indoor and outdoor parking. Property with undeniable POTENTIAL, prime location. apartments rented short term without any leases. Unique product on the market!
Currently, there are 5 semi-furnished apartments which include kitchen appliances and furniture that were rented short terms. There are 3 apartments which are ready to be built.
Rental 2019 revenue was $ 144,773 however, (2020 and 2021 revenue do not reflect the previous years due to the pandemic nor the future revenues if leased long term)
2 TANDEM outdoor parking and 2 indoor altogether 6 places 4 outdoor and 2 indoor for additional income.
* Description of Units are as follows:
# 1A .... 5-1 / 2 (3 bedrooms plus 1 + 1 bathroom located on the ground floor (Laundry room shared with 1B)
# 2 .... 4-1 / 2 (2 bedrooms plus 2 bathrooms, front and rear balcony located on the 2nd floor
# 3 .... 4-1 / 2 (2 bedrooms plus 1 bathroom front and rear balcony located on the 2nd floor
# 4 .... 4-1 / 2 (2 bedrooms plus 2 bathrooms, front and rear balcony located on the 3rd floor
# 5 .... 4-1 / 2 (2 bedrooms plus 1 bathroom front and rear balcony located on the 3rd floor
# 1B .... 3-1 / 2 (to be built; accessible from the back; located on the ground floor adjacent to 1A Laundry room shared with 1A.
# Basement: 1 x 3-1 / 2 and a Studio to be built
* Year of hot water tanks in the basement:
# 1- to be confirmed
# 2- 2016
# 3- 2016
# 4- 2013
# 5- 2008
# 6- 2013 (basement office)
* Shared central heating
Some flats are currently vacant others are still rented on a short-term basis.
Apartments 1 to 5 having benefited from renovations and constant maintenance over the years.
Sought out LOCATION!!! Within walking distance of Mont-Royal Avenue, schools, grocery stores, parks, restaurants, services, public transportation, and much more!
The property requires some work
Walk score 93 Paradise for walkers and cyclists!
55'2" X 32'
Wood , Ceramic
106' X 32'
Double width or more
Driveway : 4 , Garage : 4
CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Public transportation
MORTGAGE PAYMENTS CALCULATOR
My name is ELISE OIKNINE, RE/MAX real estate broker. How may I help you?
Do you have a question?
Hello, my name is ELISE OIKNINE, real estate broker. Contact me for more information.