Income properties for sale
677 - 687, 4e Avenue, Montréal (Lachine)
$1,149,000
Features
Use of property
Residential
Year built
1920
Living area
4,800 sqft
Lot area
3,800 sqft
Parking (total)
Driveway (3)
Number of units
Residential (6)
Residential units
6 x 4 ½
Potential gross revenue
$61,680
Description
Superb investment opportunity on 4th Ave. : well-located 6-plex of six 4½ units with high ceilings & 2 bedrooms each, offering significant value-add potential through renovations that can meaningfully increase rents. Renovated comparables in the area show strong upside for revenue growth & long-term appreciation, making this solid, well-positioned building an excellent choice for investors seeking strategic improvements, BRRR-style value creation, + reliable addition to their portfolio. The property offers option of rebuilding a new structure - subject to municipal approvals - providing a chance for redevelopment & future value.
Centris No. 11755413
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $291,200 |
| Building | $449,800 |
| Total | $741,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $4,918 |
| School (2025) | $590 |
| Total | $5,508 |
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