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Triplex for sale
4157 - 4161, Rue Clark, Montréal (Le Plateau-Mont-Royal)
$1,899,000
$1,899,000
Triplex for sale
4157 - 4161, Rue Clark, Montréal (Le Plateau-Mont-Royal)
Features
Use of property
Residential
Building style
Attached
Year built
1926
Number of units
Residential (3)
Residential units
3 x 10 ½
Main unit
10 rooms, 4 bedrooms, 4 bathrooms
Potential gross revenue
$140,400
Additional features
Internet included
Move-in date
According to leases
Description
Strong fully renovated investment opportunity in the Plateau, within walking distance of McGill University. Fully leased, the property generates annual gross income of $140,400 with operating expenses of approximately $18,529 and an estimated cap rate of 6.42%. It offers 3 spacious units totaling 11 bedrooms, 11 full bathrooms and 1 powder room. Units are leased in full, not room by room, mainly to university students with parents as guarantors. Major renovations completed in 2020 include electrical, plumbing, kitchens, bathrooms, flooring and roof. Basement encapsulated in 2022.
Centris No. 17310978
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $443,700 |
| Building | $1,406,300 |
| Total | $1,850,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $11,090 |
| School (2026) | $1,351 |
| Total | $12,441 |
| Expenses | |
|---|---|
| Insurance | $5,009 |
| Internet | $1,080 |
| Total | $6,089 |
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