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Income properties for sale

3199, Rue Jean-Talon Est, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Saint-Michel

$1,599,000 or
$1,599,000 or

Income properties for sale

3199, Rue Jean-Talon Est, Montréal (Villeray/Saint-Michel/Parc-Extension), Neighbourhood Saint-Michel

Features

Lifestyle
18987344 1599000 /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/18987344?view=Summary /fr/multifamilial~a-vendre~montreal-villeray-saint-michel-parc-extension/18987344 https://passerelle.centris.ca/redirect.aspx?NoMLS=18987344&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-villeray-saint-michel-parc-extension/18987344/photos 45.5583071200 -73.5992083400 true
Use of property
Residential
Year built
1957
Lot area
3,644 sqft
Number of units
Residential (8)
Residential units
8 x 4 ½
Potential gross revenue
$84,720
95

Description

*Notice to all investors,50 feet frontage , 8 plex , 100% renovated, with excellent tenants.All 4.5 with 2 closed bedrooms, Building requires very little management and a potential gain in increased income. Over $800,000 invested in renovations in 2015, immaculate property and very well managed washer/dryer installations in each apartment.New Fire Alarm System, Windows, front and rear patio doors, balconies, ramps, kitchens, bathrooms, hardwood floors and much more, Located 3 min walk from St michel metro. Close to all essential services, schools, hospitals, health center. purchase, Here is a golden opportunity......
Centris No. 18987344

Financial details

Municipal assessment (2021)
Lot $314,900
Building $1,154,800
Total $1,469,700
Taxes
Municipal (2024) $9,333
School (2024) $1,123
Total $10,456
Expenses
Electricity $429
Insurance $3,199
Total $3,628

Listing broker

Vincent Bruno, Residential and Commercial Real Estate Broker

Vincent Bruno

Residential and Commercial Real Estate Broker

SERVICES IMMOBILIERS FERRI INC.

Real Estate Agency
SERVICES IMMOBILIERS FERRI INC., Real Estate Agency

Location

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Discover Montréal (Villeray/Saint-Michel/Parc-Extension)

Population (2016) 143,853
Population variation between 2011 and 2016 1%
Population density 8,692 hab/km2
Unemployment rate (2016) 11%

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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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