Other · Montréal (Rosemont/La Petite-Patrie)

6-Unit Building -- Significant Potential for Optimization and Construction of 2 or 3 Additional Units Rare investment opportunity in Rosemont! This six (6) unit building, all 4½ type, offers excellent potential for income optimization. The property was 100% renovated in the early 1990s by the previous owner and has since benefited from rigorous maintenance, ongoing updates, and additional renovations, ensuring peace of mind for the investor. There is an interesting possibility of constructing 2 or 3 additional units with an additional 700 to 900 sq ft unit on the alley side, accessible from the 31st Street entrance. This represents exceptional growth potential in the medium and long term. The buyer must verify the necessary permits with the City of Montreal to ensure what is permitted. The units are bright, well-designed, and in high demand, promoting stable and long-term rentals. Prime location, close to services, transport, and amenities. This building is situated 650 meters from the future Mary Two Axe Early Metro station on the blue line. Renovations: -1989 to 1991: Complete renovations by previous owners: doors, windows, electrical, plumbing, kitchens, bathrooms, heating, balconies, etc. -1995 to 2000: Repointing of the brick facade wall. Reconstruction of the upper section of the brick wall on the alley side (correction of a bulge). Renovation of the common entrance, floors, interior apartment doors, lighting, mailboxes, and intercom system. -2012: Replacement of the water and sewer lines up to the City's right-of-way. New roof. -2017: Replacement of exterior doors (10), balconies, and railings (10). -2019-2024: Renovation of apartment #4, kitchen, and bathroom. A solid, well-maintained building with enormous potential for added value--perfect for savvy investors looking to maximize their returns.

Construction year

1957

Dimension

47.6 m X 35.1 m

Cupboard

Melamine

Windows

Aluminum

Siding

Brick, Vinyl

Window type

Sliding

Roofing

Asphalt and gravel

Land area

380.90 m²

Proximity

Highway, Cegep, Daycare centre, Golf, Park - green area, Bicycle path, Elementary school, High school, Public transport, University

Topography

Flat

Zoning

Residential

Heating system

Electric baseboard units

Water supply

Municipality

Heating energy

Electricity

Equipment available

Entry phone

Sewage system

Municipal sewer

Inclusions

Backyard storage and its contents

Exclusions

Tenants' furniture and belongings

Assessment

Building

2026, $697,400

Land

2026, $533,300

Municipal

2026, $1,230,700

Expenses

Snow removal / Lawn mowing

$600 / year

Insurance

$4,501 / year

Caretaking

$600 / year

Energy cost

$278 / year

School taxes

2025, $857 / year

Municipal Taxes

2026, $7,287 / year