Welcome to this highly profitable quadruplex. It says that it’s an 4plex, but in reality it’s an 5Plex : this income-generating property features four 3 1/2 apartments, a spacious 7 1/2 unit. What sets it apart is the bonus Airbnb apartment, fully compliant with city regulations, adding to its revenue potential. Situated near Ontario Street, restaurants, public transportation, schools, and the Olympic Stadium & Botanical Garden, this property offers more surprises. With approved plans for a garage expansion, including an additional rentable studio, and three parking spaces, this investment opportunity is truly exceptional with his new roof.
This income property is strategically located in the prestigious Hochelaga-Maisonneuve neighborhood in Montreal, offering a multitude of advantages:
- Immediate proximity to Ontario and Sherbrooke streets, with a variety of renowned restaurants.- Excellent public transportation connections, with PIE-IX and Joliette metro stations just steps away.- Prestigious neighborhood including Collège de Maisonneuve, Sainte-Jeanne-d’Arc school, and Saint-Émile school.
This property already generates income that exceeds investor expectations and has exciting surprises in store:
- An additional basement apartment, approved by the municipality for Airbnb rentals.- New Roof installed with 15 years of warranty ** - Permits and architect plans in hand for property expansion, including indoor parking and an additional studio. WOW!
This unique opportunity allows you to acquire a property that currently includes a quadruplex but has the potential to become a "Six Plex", which means that you can generate more income.
The spacious 5262 sq ft lot provides ample space for these extensions. Enjoy the picturesque backyard for hosting family and friends. Don’t miss out on this exceptional opportunity!
Leases agreements
Leases agreeements
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