Montreal (Rosemont–La Petite-Patrie) Multiplex for sale - $1,395,000

MUST-SEE! Rare, fully renovated 4plex in the heart of Little Italy. Excellent effective revenues of $70,440, with potential for further optimization. IDEAL location just 400m from Beaubien metro station, 600m from Jean-Talon Market, and steps from the neighbourhood's many sought-after destinations (Walk Score: 99!). Large 110-foot-deep lot with frontage on both Drolet and Henri-Julien, offering optimal sun exposure. Numerous notable features and strategic renovations, see Addendum and sellers' declaration for full details.

In addition to its highly strategic and sought-after location, the property offers numerous notable perks:

(+) Stable, high-quality tenants
(+) Standard July 1st leases
(+) Spacious, renovated units with actual closed bedrooms
(+) Updated kitchens with granite countertops
(+) Exterior ventilation in all bathrooms
(+) Recent heat pumps installed in all 4 units
(+) Heating and electricity paid by tenants
(+) Masonry in excellent condition, roofing redone
(+) Abundant windows and generous outdoor spaces
(+) Large 110-foot-deep lot with perfect sun orientation
(+) 2 private parking spaces (1 currently available for rent, offering additional income potential)

Meticulously maintained and renovated over the years:

(+) Rear windows replaced (2023)
(+) Crawl space thoroughly cleaned and improved (2021)
(+) Elastomeric membrane roof (2020)
(+) New roof structure and attic insulation (2020)
(+) New steel main beam installed by Bisson Experts (2019)
(+) Heat pumps installed in all 4 units (2018-2020)
(+) 2 skylights replaced (2018-2019)
(+) New ABS main drainage line (2018)
(+) Hardwood flooring in all 4 units (2017)
(+) Bathrooms renovated in all 4 units (2017)

All this, on one of the neighbourhood's most beautiful streets!

An opportunity not to be missed!

INCLUSIONS
AC/heatpump and appliances in all 4 apartments (fridge, stove, dishwasher, washer, dryer)

EXCLUSIONS
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