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$1,275,000

Quadruplex for sale - Outremont

$1,275,000

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$1,275,000

Quadruplex for sale - Outremont

$1,275,000

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989 - 993 Av. Rockland, Outremont, H2V 3A3

Rare on the market! 2 side-by-side Quadruplex for sale. Well divided, they have 3 spacious 2 bedroom apartments and a basement 1 bedroom. Always rented immediately and never vacant. Ideal location a few metres from Outremont metro station & several schools, including the new UdeM campus. Many possibilities to greatly increase revenues.

  • Lot area: 2,421 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1951
GEORGES BARDAGI
Certified real estate broker
Brokers tranquilit
PIERRE KANTEMIROFF
Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

22' X 40'

1951

2,705 SF

Addenda
Particularities plusParticularities minus

Possibility to also acquire the neighboring quadruplex MLS 11039263 for a total of 8 units.

Great location!
A few minutes from the Outremont metro station and the future REM (Canora train station).
Close to Stanislas College and the Université de Montréal - MIL Campus, some spaces of which are still under construction.

989A: 3 1/2: 600 sq.ft net - basement - rented $660 /month until June 30th, 2021. (Potential income of $850/month in current condition).

989: 4 1/2: 780 sq.ft net - ground floor - rented $1,100 /month until June 30th 2021.

991: 4 1/2: 780 sq.ft net - 2nd floor - rented $842 /month until June 30th, 2021. (Potential income of $1,100/month in current condition).

993: 4 1/2: 780 sq.ft net - 3rd floor - rented $1,100 /month until June 30th, 2021.

Current annual income: $44,424
Potential annual income: $49,800
Potential revenues are based on new leases - identical unit conditions.

There are easements of passage and view described in the certificate of location.

Building details and property interior
Particularities plusParticularities minus

22' X 40'

1951

2,705 SF

Lot and exterior features
Particularities plusParticularities minus

40' X 60'

2,421 SF

Daycare centre , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University

Residential

Characteristics
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Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Unit 993: stove and refrigerator. Unit 989A: stove, refrigerator and dishwasher. Unit 991: dishwasher. All of the above are included without warranty of quality.

Tenants furnitures.

Financial details
Particularities plusParticularities minus
Assessment (2020)
Taxes
  • (2020)
  • (2020)
Gross yearly revenu (potential)
Annual Expenses
989 - 993 Av. Rockland, Outremont, H2V 3A3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 3.4%
  • 16.9%
  • 2.6%
  • 13.3%
  • 60.5%
  • 3.8%
  • 16.5%
  • 10.5%
  • 53.2%
  • 15.8%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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GEORGES BARDAGI
Certified real estate broker
Brokers tranquilit
PIERRE KANTEMIROFF
Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2020)
Taxes
  • (2020)
  • (2020)
Gross yearly revenu (potential)
Annual Expenses
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My name is GEORGES BARDAGI, RE/MAX real estate broker. How may I help you?

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