Income properties for sale
955, 5e Avenue, Montréal (Lachine), Neighbourhood East
$1,300,000
$1,300,000
Income properties for sale
955, 5e Avenue, Montréal (Lachine), Neighbourhood East
Features
Use of property
Residential
Year built
1950
Lot area
3,750 sqft
Number of units
Residential (8)
Residential units
8 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$84,348
Description
Discover an outstanding investment opportunity in Lachine with this semi-detached 8-plex, tucked away in a serene dead-end street. Each of the generously sized apartments is a comfortable 4.5, ensuring ample living space for tenants seeking tranquility. Currently fully rented until June 30th, 2025, this property yields an impressive annual revenue of $84,348.00, offering a reliable income stream for investors. The roof was replaced in 2012, providing durability and stability for the long term. Extensive upgrades have been undertaken, including renovations to kitchens, bathrooms, floors, windows, doors, and balconies. These improvements...
Centris No. 9622739
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $193,700 |
| Building | $663,400 |
| Total | $857,100 |
| Taxes | |
|---|---|
| Municipal (2024) | $5,633 |
| School (2024) | $682 |
| Total | $6,315 |
| Expenses | |
|---|---|
| Insurance | $8,039 |
| Total | $8,039 |
See all financial details