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Income properties for sale

16587, Terrasse Richelieu, Montréal (L'Île-Bizard/Sainte-Geneviève), Neighbourhood Sainte-Geneviève

$2,450,000 or
$2,450,000 or

Income properties for sale

16587, Terrasse Richelieu, Montréal (L'Île-Bizard/Sainte-Geneviève), Neighbourhood Sainte-Geneviève

Features

Lifestyle
17511813 2450000 /en/multi-family-properties~for-sale~montreal-l-ile-bizard-sainte-genevieve/17511813?view=Summary /fr/multifamilial~a-vendre~montreal-l-ile-bizard-sainte-genevieve/17511813 /en/multi-family-properties~for-sale~montreal-l-ile-bizard-sainte-genevieve/17511813/photos 45.4744340000 -73.8729750000 true
Use of property
Residential
Year built
1975
Building area (at ground level)
2,035 sqft
Lot area
6,921 sqft
Parking (total)
Driveway (15)
Number of units
Residential (10)
Residential units
4 x 3 ½, 3 x 4 ½, 3 x 5 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$118,716
64

Description

EXCELLENT OPPORTUNITY for this building which is in good condition. 10 apts, COLD FLATS (3 X 5,5/3 X 4,5/4 X 3,5). All the floors & roof slab are in concrete. Low maintenance cost. All the rooms & kitchens are spacious. The cost of heating, hot water and electric.are paid by the tenants. The units #9 & #10 has been renovated in 2022 and #4 was completely renovated in Oct.2023. The units has the connection for washers & dryers. 15 exterior parkings, potential to rent for new tenants at 65$/month. Potential to increase the rents. Good location, in a quiet neighborhood. Few steps from bus. Rented at 100 %. Balconies are in front and the back.
Centris No. 17511813

Listing broker

Nader Attara, Certified Residential and Commercial Real Estate Broker AEO

Nader Attara, FRI

Certified Residential and Commercial Real Estate Broker AEO

IMMOBILIER WESTMOUNT INC.

Real Estate Agency

Location

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Discover Montréal (L'Île-Bizard/Sainte-Geneviève)

Population (2016) 18,413
Population variation between 2011 and 2016 2%
Population density 778 hab/km2
Unemployment rate (2016) 7%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
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