4025, Avenue des Érables, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

$3,150,000 |   Centris No. :  25793433

Income properties for sale in Montréal (Le Plateau-Mont-Royal), Montréal (Island), 4025, Avenue des Érables, 25793433 - Centris.ca

Income properties for sale

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
96

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!

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