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Quadruplex for sale

3198, Rue Sherbrooke Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve

$1,250,000 or
$1,250,000 or

Quadruplex for sale

3198, Rue Sherbrooke Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve

Features

Lifestyle
25560458 1250000 /en/4plex~for-sale~montreal-mercier-hochelaga-maisonneuve/25560458?view=Summary /fr/quadruplex~a-vendre~montreal-mercier-hochelaga-maisonneuve/25560458 https://passerelle.centris.ca/redirect.aspx?NoMLS=25560458&Lang=E&source=centris.ca /en/4plex~for-sale~montreal-mercier-hochelaga-maisonneuve/25560458/photos 45.5437020000 -73.5568070000 true
Use of property
Residential
Building style
Semi-detached
Year built
1949
Lot area
3,606 sqft
Parking (total)
Garage (2)
Number of units
Residential (4)
Residential units
2 x 3 ½, 1 x 5 ½, 1 x 7 ½
Main unit
7 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$56,400
Move-in date
According to leases
91

Description

Charming 4plex in the sought-after Mercier-Hochelaga-Maisonneuve neighborhood. Built in 1949 by the same family that has lovingly maintained it since, this property offers a rare mix of history and opportunity. It features a spacious 7 1/2 unit, a 5 1/2 unit, and two 3 1/2 units, with two currently rented for $1,400/month and a projected annual income of over $56,000. The property includes two indoor garages, a valuable asset in this urban setting. Steps from Préfontaine Metro, it boasts a Walk Score of 91 and is close to shops, schools, parks, and landmarks like the Olympic Stadium. Perfect for investors or owner-occupants.
Centris No. 25560458

Financial details

Municipal assessment (2024)
Lot $335,000
Building $738,900
Total $1,073,900
Taxes
Municipal (2024) $7,076
School (2024) $875
Total $7,951

Listing broker

Jamie Irving, Residential Real Estate Broker

Jamie Irving

Residential Real Estate Broker

ROYAL LEPAGE ALTITUDE

Real Estate Agency
ROYAL LEPAGE ALTITUDE, Real Estate Agency

Location

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Discover Montréal (Mercier/Hochelaga-Maisonneuve)

Population (2016) 136,024
Population variation between 2011 and 2016 3%
Population density 5,347 hab/km2
Unemployment rate (2016) 9%

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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.
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