Income properties for sale
3049 - 3065, Rue Workman, Montréal (Le Sud-Ouest)
$2,298,000
Features
Use of property
Residential
Year built
1900
Building area (at ground level)
4,104 sqft
Number of units
Residential (9)
Residential units
9 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$112,572
Description
Nine doors. One address. Saint-Henri's rarest income property. In a neighbourhood where triplexes are the norm, a 9-plex is virtually unheard of -- nine independent 4½ units under one roof, steps from Lionel-Groulx métro (green & orange lines). Over $275,000 in structural capital: foundation (2014), full roof (2016), exterior brick (2016), rear windows (2016), rear staircases (2016). Annual gross revenue: $112,572. Current rents average $1,042/unit against a market of $1,800--$2,500 -- the upside is built in. This is a generational asset.
Centris No. 16972115
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $572,000 |
| Building | $1,092,600 |
| Total | $1,664,600 |
| Taxes | |
|---|---|
| Municipal (2026) | $10,452 |
| School (2026) | $1,302 |
| Total | $11,754 |
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