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Income properties for sale

955, 5e Avenue, Montréal (Lachine), Neighbourhood East

$1,450,000 or
$1,450,000 or

Income properties for sale

955, 5e Avenue, Montréal (Lachine), Neighbourhood East

Features

Lifestyle
9622739 1450000 /en/multi-family-properties~for-sale~montreal-lachine/9622739?view=Summary /fr/multifamilial~a-vendre~montreal-lachine/9622739 https://passerelle.centris.ca/redirect.aspx?&CodeDest=REMAX&NoMLS=9622739&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-lachine/9622739/photos 45.4453682000 -73.6687465400 true
Use of property
Residential
Year built
1950
Lot area
3,750 sqft
Number of units
Residential (8)
Residential units
8 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$84,348
70

Description

Discover an outstanding investment opportunity in Lachine with this semi-detached 8-plex, tucked away in a serene dead-end street. Each of the generously sized apartments is a comfortable 4.5, ensuring ample living space for tenants seeking tranquility. Currently fully rented until June 30th, 2025, this property yields an impressive annual revenue of $84,348.00, offering a reliable income stream for investors. The roof was replaced in 2012, providing durability and stability for the long term. Extensive upgrades have been undertaken, including renovations to kitchens, bathrooms, floors, windows, doors, and balconies. These improvements...
Centris No. 9622739

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Listing broker

Nadia Ciancotti Inc., Business corporation owned by a Certified Residential and Commercial Real Estate Broker

Nadia Ciancotti Inc.

Business corporation owned by a Certified Residential and Commercial Real Estate Broker

RE/MAX ACTION

Real Estate Agency
RE/MAX ACTION, Real Estate Agency

Location

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Discover Montréal (Lachine)

Population (2016) 44,489
Population variation between 2011 and 2016 7%
Population density 2,498 hab/km2
Unemployment rate (2016) 9%

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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.
  • Learn more about property transfer tax by clicking here.
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