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Income properties for sale

8811 - 8815, Rue Hochelaga, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Mercier

$1,099,000 or
$1,099,000 or

Income properties for sale

8811 - 8815, Rue Hochelaga, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Mercier

Features

Lifestyle
20766342 1099000 /en/multi-family-properties~for-sale~montreal-mercier-hochelaga-maisonneuve/20766342?view=Summary /fr/multifamilial~a-vendre~montreal-mercier-hochelaga-maisonneuve/20766342 https://passerelle.centris.ca/redirect.aspx?NoMLS=20766342&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-mercier-hochelaga-maisonneuve/20766342/photos 45.6027700000 -73.5193830000 true
Use of property
Residential, Commercial
Year built
1928
Available commercial area
1,200 sqft
Living area
5,533 sqft
Lot area
2,745 sqft
Parking (total)
Garage (2)
Number of units
Residential (5), Commercial (1)
Residential units
3 x 3 ½, 2 x 4 ½
Potential gross revenue
$81,324
94

Description

Great semi Commercial property with lots of potential in increasing the revenues, the garage has potential cause it is vacant and can be used by the new buyer. Lots of renovation within the years, heating payed by tenants. Revenue July 1, $74,124 gross plus potential $7200 for garages. Contact again for more detail
Centris No. 20766342

Financial details

Municipal assessment (2024)
Lot $153,200
Building $589,200
Total $742,400
Taxes
Municipal (2024) $7,878
School (2024) $575
Total $8,453
Expenses
Insurance $7,000
Total $7,000

Listing broker

Mike Abatzidis, Residential and Commercial Real Estate Broker

Mike Abatzidis

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

Real Estate Agency
RE/MAX ALLIANCE INC., 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.
  • Learn more about property transfer tax by clicking here.
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