Modern, impeccably renovated quadruplex in 2022, offering a unique opportunity for both investors and owner-occupiers. Located on two floors, this four-unit building is currently rented by the month. Gross revenues of over $114,000 per year!
22' X 80' Irregular
Unknown
1,760 SF
Elastomeric membrane
Modern, impeccably renovated quadruplex in 2022, offering a unique opportunity for both investors and owner-occupiers. Located on two floors, this four-unit building is currently rented by the month. Gross revenues of over $114,000 per year!
- 2267 and 2269A: Each with 3 bedrooms and a bathroom, offering generous, comfortable space for families or roommates.
- 2267A: Bright and inviting, with 1 bedroom and 1 bathroom, ideal for a couple or a professional.
- 2269: With 2 bedrooms and a bathroom, it combines comfort and functionality.
- Recent renovation in 2022: Modern materials and quality finishes. Supporting invoices, photos and permits.
- Stable rental income: All units are furnished and rented by the month.
- Attractive location: Ideal for maximizing rental opportunities.
- Complete renovations in 2022: Plumbing, electrical, insulation, kitchen, bathroom, flooring, roof, windows, and much more.
Calculations for investors:
Price: $1,525,000
Down payment: $305,000 (20%)
Interest rate: 4.69%
Amortization: 30 years
Mortgage payment: $6,273/month
Property taxes (municipal + school): $284/month
Building insurance: $200/month
Rental income: $9,550/month
Therefore, $9,550 - $6,273 - $284 - $200 = $2,793/month cash flow
If rate falls to 4.49% then cash flow of $2,940/month.
If rate falls to 3.99%, then cash flow of $3,298/month.
If rate falls to 3.49%, then cash flow of $3,645/month.
22' X 80' Irregular
Unknown
1,760 SF
Elastomeric membrane
CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
Residential
Electric baseboard units
Electricity
Wall-mounted heat pump
Municipality
Municipality
Not specified
Appliances and furniture (negotiable)
My name is JAMIL DEMERS, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX L'ESPACE | 180 rue Peel Bureau 100, Montréal (Ville-Marie), Québec, H3C 2G7
Hello, my name is JAMIL DEMERS, real estate broker. Contact me for more information.
You must log in on your MY/REMAX account to add properties in your favorites.