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Income properties for sale

7035, Rue Molson, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Saint-Michel

$2,650,000 or
Income properties for sale in Montréal (Villeray/Saint-Michel/Parc-Extension), Montréal (Island), 7035, Rue Molson, 24877656 - Centris.ca
$2,650,000 or

Income properties for sale

7035, Rue Molson, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Saint-Michel

Features

Lifestyle
24877656 2650000 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/24877656?view=Summary /fr/multifamilial~a-vendre~montreal-villeray-saint-michel-parc-extension/24877656 https://passerelle.centris.ca/redirect.aspx?&CodeDest=MACLE&NoMLS=24877656&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/24877656/photos 45.5536070000 -73.5990470000 true
Use of property
Residential
Year built
1968
Building area (at ground level)
9,984 sqft
Lot area
4,725 sqft
Parking (total)
Garage (4)
Number of units
Residential (14)
Residential units
4 x 3 ½, 10 x 4 ½
Potential gross revenue
$137,316
95

Description

Fantastic location in St-Michel - a 4 minute walk to the Iberville metro station on the blue line! Great investment opportunity with the majority of the units offering room for optimization, as these rents can be doubled. Current rents = $137,316. The property has been well maintained throughout the years. No immediate capital expenditures are necessary. Possibility to earn additional income by renting several parking spaces. Units have necessary plumbing connections for the installation of the washing machines.
Centris No. 24877656

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Listing brokers

Michael Witt, Residential and Commercial Real Estate Broker

Michael Witt

Residential and Commercial Real Estate Broker

IMMOBILIER WITT

Real Estate Agency
IMMOBILIER WITT, Real Estate Agency
Elena Lapatukhina, Commercial Real Estate Broker

Elena Lapatukhina

Commercial Real Estate Broker

IMMOBILIER WITT

Real Estate Agency
IMMOBILIER WITT, Real Estate Agency

Location

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Discover Montréal (Villeray/Saint-Michel/Parc-Extension)

Population (2016) 143,853
Population variation between 2011 and 2016 1%
Population density 8,692 hab/km2
Unemployment rate (2016) 11%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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