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Income properties for sale

965 - 985, 13e Avenue, Montréal (Lachine), Neighbourhood East

$4,450,000 or
$4,450,000 or

Income properties for sale

965 - 985, 13e Avenue, Montréal (Lachine), Neighbourhood East

Features

Lifestyle
12388565 4450000 /en/multi-family-properties~for-sale~montreal-lachine/12388565?view=Summary /fr/multifamilial~a-vendre~montreal-lachine/12388565 https://passerelle.centris.ca/redirect.aspx?NoMLS=12388565&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-lachine/12388565/photos 45.4464600900 -73.6759108300 true
Use of property
Residential
Year built
1957
Number of units
Residential (18)
Residential units
18 x 4 ½
Potential gross revenue
$200,376
66

Description

Unique investment opportunity in Lachine, 3 attached sixplexes (18 x 4.5) + LAND. All energy costs are the responsibility of the tenants. Many rental improvements in recent years. The seller has filed carefully designed expansion plans with the city that offer the opportunity to add 6 additional very large units (one quadruplex and one duplex), increasing revenue potential and perfect for meeting the growing demand for housing In the region.
Centris No. 12388565

Financial details

Municipal assessment (2024)
Lot $1,138,200
Building $1,716,000
Total $2,854,200
Taxes
Municipal (2024) $18,306
School (2024) $2,277
Total $20,583
Expenses
Electricity $554
Insurance $16,045
Total $16,599

Listing broker

Azamat Kar, Commercial Real Estate Broker

Azamat Kar

Commercial Real Estate Broker
Azamat Kar inc.

PMML

Real Estate Agency
PMML, Real Estate Agency

Location

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Discover Montréal (Lachine)

Population (2016) 44,489
Population variation between 2011 and 2016 7%
Population density 2,498 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.
  • Learn more about property transfer tax by clicking here.
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