Income properties for sale
1660 - 1670, Avenue Papineau, Montréal (Ville-Marie), Neighbourhood Village
$6,600,000
$6,600,000
Income properties for sale
1660 - 1670, Avenue Papineau, Montréal (Ville-Marie), Neighbourhood Village
Features
Use of property
Residential
Year built
1929
Number of units
Residential (16)
Residential units
1 x 3 ½, 11 x 4 ½, 4 x 5 ½
Potential gross revenue
$396,300
Description
Impeccably renovated, this property boasts a lucrative $396,300 in Annual Revenue. Comprising 16 units, each adorned with state-of-the-art appliances, it presents an enticing opportunity for investors seeking minimal operational involvement and maximum returns. Benefit from its scale, superior construction, and prime location near public transportation hubs, promising significant appreciation potential. Explore advantageous financing options by reaching out for further details.
Centris No. 27892172
Financial details
Municipal assessment (2021) | |
---|---|
Lot | $690,600 |
Building | $1,714,400 |
Total | $2,405,000 |
Taxes | |
---|---|
Municipal (2024) | $13,253 |
School (2023) | $1,550 |
Total | $14,803 |
Expenses | |
---|---|
Insurance | $18,500 |
Total | $18,500 |
See all financial details