Income properties for sale
971 - 981, Rue du Couvent, Montréal (Le Sud-Ouest)
$1,995,000
Features
Use of property
Residential
Year built
1926
Lot area
3,204 sqft
Number of units
Residential (6)
Residential units
6 x 4 ½
Potential gross revenue
$112,680
Description
Six 4 ½ apartments offering excellent investment potential. Units 971 and 981 are currently rented by the room, with the option to vacate with one month's notice, providing great flexibility to maximize income. Unit 979 will be vacant as of July 1st, ideal for an owner-occupant or for further income optimization. The building offers a potential annual income of $112,680. An attractive opportunity for investors seeking a building with strong income growth potential.
Centris No. 14388547
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $446,600 |
| Building | $704,100 |
| Total | $1,150,700 |
| Taxes | |
|---|---|
| Municipal (2026) | $7,225 |
| School (2025) | $893 |
| Total | $8,118 |
| Expenses | |
|---|---|
| Insurance | $2,165 |
| Total | $2,165 |
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