Income properties for sale
6994, 16e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Saint-Michel
$4,995,000
$4,995,000
Income properties for sale
6994, 16e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Saint-Michel
Features
Use of property
Residential
Year built
1963
Building area (at ground level)
5,596 sqft
Lot area
6,130 sqft
Parking (total)
Driveway (2), Garage (6)
Number of units
Residential (19)
Residential units
6 x 3 ½, 13 x 4 ½
Potential gross revenue
$312,258
Additional features
Basement 6 feet or +
Description
Super good rental building with 19 apartments (13 units 4.5-6 units 3.5). Ideally located offering an exceptional location, with real income of $311,976.00, very rare on the current market, 13 units are completely renovated from A to Z, a stable and well established operation. This property presents a unique investment opportunity. Highly sought after by tenants because of its proximity to services. There are never any vacant units.
Centris No. 13418611
Financial details
| Taxes | |
|---|---|
| Municipal (2024) | $19,451 |
| School (2024) | $2,368 |
| Total | $21,819 |
| Expenses | |
|---|---|
| Bell Internet high speed | $2,640 |
| Electricity | $13,794 |
| Gas | $6,749 |
| Insurance | $7,485 |
| Superintendent | $3,600 |
| Equipment (rental) | $3,360 |
| Extermination Services Product | $1,000 |
| Total | $38,628 |
See all financial details