Income properties for sale
4025, Avenue des Érables, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal
$3,150,000
$3,150,000
Income properties for sale
4025, Avenue des Érables, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal
Features
Use of property
Residential
Year built
1962
Number of units
Residential (16)
Residential units
1 x 2 ½, 15 x 4 ½
Potential gross revenue
$228,996
Additional features
Near the REM
Description
Beautiful 16 units building in the heart of the Plateau-Mont-Royal located between La Fontaine and Baldwin parks, a twenty-minute walk to Papineau and Frontenac metros. The property comprises of 15 x 4 ½ and 1 x 2 ½, a laundry room and 8 storage spaces in the basement. 2 apartments were renovated recently and are rented for over 2.25$/sq.ft. The other current rents are very low for the area. Financing to be assumed by the buyer : Peoples Trust CMHC 1,880,000$ at 4.41% expiring in November 2028. Excellent investment opportunity with huge potential to increase the revenues!
Centris No. 25793433
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.