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Income properties for sale
200 - 204, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
$2,550,000
$2,550,000
Income properties for sale
200 - 204, Rue Rachel Est, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential, Commercial
Year built
1960
Available commercial area
1,357 sqft
Building area (at ground level)
3,933 sqft
Lot area
1,357 sqft
Number of units
Residential (8), Commercial (1)
Residential units
8 x 1 ½
Main unit
1 room, 1 bathroom
Potential gross revenue
$157,536
Additional features
Basement 6 feet or +
Description
Great cross revenue property with multiple potential as investor or owner occupant investor. It is located in Triple AAA location in highly demanded Plateau area . see addendum for more details! lots room still for optimization for new investor buyer(s) Vendor has done lots of improvements and has increased revenues and secured a triple net lease with established Benjamin Moore franchise owners La Cité Des Peintres Inc.
Centris No. 17942730
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $290,000 |
| Building | $888,100 |
| Total | $1,178,100 |
| Taxes | |
|---|---|
| Municipal (2025) | $14,632 |
| School (2025) | $849 |
| Total | $15,481 |
| Expenses | |
|---|---|
| Electricity | $5,591 |
| Insurance | $7,701 |
| Recovery of expenses | -$11,591 |
| Total | $1,701 |
See all financial details
