Multi-family (2 to 5 units) for sale, Montréal (Le Sud-Ouest) |
$1 400 000

QUADRUPLEX, POINTE-SAINT-CHARLES | Renovated 1928 brick quadruplex in the heart of Pointe-Saint-Charles, fully leased and generating $90,480 in gross annual revenue. All four units were renovated under the current ownership, two of them completely gutted, including a reconfigured 4-bedroom, 1+1 bathroom top-floor unit. Balanced mix of two 1-bedroom units on the ground floor and two family-size units above. Elastomeric roof (2020) and electric heating paid by the tenants. Minutes from Charlevoix metro, the Lachine Canal and Atwater Market. All leases run to June 30, 2027.

Detailed information

Characteristics

Sale with exclusion(s) of legal warranty - See listing broker(s)

Room dimensions

Room(s) : 3   |    Bedroom(s) : 1   |    Bathroom(s) : 1    |    Powder room(s) : 0

Inclusions

As per the leases

As per the leases

Exclusions

As per the leases

As per the leases

Addenda

[THE UNITS]

Four renovated units in a classic 1928 Pointe-Saint-Charles brick building, offering a well-balanced mix of compact 1-bedroom units and generous family-size apartments. Every unit was updated unde...

[THE UNITS] Four renovated units in a classic 1928 Pointe-Saint-Charles brick building, offering a well-balanced mix of compact 1-bedroom units and generous family-size apartments. Every unit was updated under the current ownership, with two units fully gutted and rebuilt. Ground floor, 2483 and 2495: two 1-bedroom, 1-bathroom units. 2483 has a renovated kitchen and bathroom and fresh paint. 2495 was completely gutted and rebuilt, and enjoys exclusive use of the back yard. Second floor, 2485: 3-bedroom, 1-bathroom family unit with a renovated kitchen and bathroom and fresh paint. Third floor, 2487: completely gutted and reconfigured into a 4-bedroom, 1+1 bathroom unit, the showpiece of the building. * Gross annual revenue: $90,480 * All leases expire June 30, 2027 * Electric heating, system installed 2018-2019 * Heating and electricity paid by the tenants * All appliances included in every unit, as per the leases * No parking, street parking only

[THE BUILDING] Built in 1928, this three-storey brick building sits on a concrete foundation and is connected to municipal water and sewer services. The elastomeric membrane roof was installed in 2020, with invoice available. The property also offers balconies and a rear shed. Four separate units, fully renovated interiors and tenant-paid heating make this a low-maintenance, stable income property for investors or owner-occupants looking to grow a portfolio in one of the city's most sought-after southwest neighbourhoods. * Elastomeric membrane roof (2020) * Electric heating throughout * Back yard reserved for unit 2495

[LOCATION] Pointe-Saint-Charles has become one of Montreal's most in-demand neighbourhoods, blending heritage housing stock with a strong local community and easy access to downtown. The property is minutes from Charlevoix metro station, the Lachine Canal bike path and green spaces, Atwater Market, and the cafés, restaurants and shops along rue Centre and rue Notre-Dame Ouest. Griffintown, Old Montreal and downtown are a short ride away, and quick access to the Champlain Bridge, Autoroute 15 and the Ville-Marie keeps the whole region within reach.

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