Quadruplex for sale
2539 - 2545, Rue Baldwin, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Mercier
$649,900
$649,900
Quadruplex for sale
2539 - 2545, Rue Baldwin, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Mercier
Features
Use of property
Residential
Building style
Attached
Year built
1931
Living area
2,400 sqft
Lot area
2,500 sqft
Parking (total)
Garage (1)
Number of units
Residential (4)
Residential units
2 x 3 ½, 2 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
38,220 $
Move-in date
According to leases
Description
Superb 4plex located in the desirable Mercier neighborhood. Consists of 2 x 4.5 (2-bedroom) and 2 x 3.5 (1-bedroom) units, generating $38,460/year with strong rental upside. Adjusted gross income (5% vacancy): $36,537. Net operating income: $33,135. GIM: 16.89. Cap rate: 5.1%. Low annual expenses ($3,402). Ideal for investors seeking long-term growth through gradual rent optimization. Quiet street near schools, parks, and public transit. A solid opportunity in a stable, in-demand area.
Centris No. 18022601
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $162,600 |
Building | $289,000 |
Total | $451,600 |
Taxes | |
---|---|
Municipal (2025) | $3,047 |
School (2024) | $355 |
Total | $3,402 |
See all financial details