Triplex for sale
3876 - 3880, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve
$825,000
$825,000
Triplex for sale
3876 - 3880, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve
Features
Use of property
Residential, Commercial
Building style
Attached
Year built
1910
Available commercial area
900 sqft
Building area (at ground level)
1,325 sqft
Number of units
Residential (2), Commercial (1)
Residential units
2 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$57,600
Additional features
Basement 6 feet or +
Move-in date
45 days after acceptance of promise to purchase or rent
Description
Exceptional opportunity for professionals, self-employed individuals, or investors due to its outstanding CAP rate. Priced at just over 13 times its annual revenue, this property is an absolute steal for investors. Ideal for those seeking commercial space for their business without breaking the bank, it also offers the added benefit of two residential rental incomes to secure your financial stability. The cherry on top is its prime location on Ontario Street in a bustling neighborhood, just minutes from downtown Montreal, metro, public transportation, and more. This is a rare find that combines financial sense with a strategic location.
Centris No. 22464667
Need more details?
Visit the real estate broker's website to see the detailed sheet for this property.
Financial details
| Municipal assessment (2021) | |
|---|---|
| Lot | $149,500 |
| Building | $508,800 |
| Total | $658,300 |
| Taxes | |
|---|---|
| Municipal (2024) | $9,182 |
| School (2024) | $533 |
| Total | $9,715 |
See all financial details
Need more details?
Visit the real estate broker's website to see the detailed sheet for this property.