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Income property - For sale

$1,580,000 Montréal

875 Rue Jarry E. H2P1W6
  • Income property
  • 3 rooms
  • 1 bedroom
  • 1 bathroom
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Revenue property - 875 Rue Jarry E.

Reference : #28385997
514 592-0440

Superb 6-Plex, unique opportunity with exceptional location: high rental income and excellent profitability. This is a "turnkey solution" for investor. The building has been completely renovated inside: 6 trendy apartments, condo style. Some units are currently rented furnished.

> Superb 6-Plex, unique opportunity with exceptional location: high rental income and excellent profitability.

> This is a complete "turnkey solution" for investor.
> The building has been completely renovated inside: 6 trendy apartments, condo style.
> The units are currently rented fully furnished (internet and Netflix included).
> Located in an pleasant area of Villeray offering quality life, shops, coffee-shops and restaurants. > Very appreciated location by tenants.
> Just 5 minutes walking distance to Jarry subway station, near an IGA Extra supermarket, a SAQ and a Jean-Coutu drugstore. > Jarry Park within walking distance, easy access to the 40 Highway and to the airport.
> C.2A, H. Permitted zoning uses include:
- Hotel - Office - Personal health care - Medical clinic.
In this zoning, short term rental is permitted on the 6 units.

> Inclusions:
- Outdoor parking for 2 cars. - For each of the 6 apartments: stoves, refrigerators, dishwashers, microwaves, air conditioning units, all the furniture and decoration accessories. - 2 heavy load washers and 2 heavy load dryers (laundry room).
-7 water heater tanks.
> Notes: - Possibility of viewing for an apartment before making an offer.



INCLUSIONS
For each of the 6 apartments: stoves, refrigerators, dishwashers, microwaves, air conditioning units, all the furniture and decoration accessories. Laundry room: 2 heavy load washers and 2 heavy load dryers. 7 water heater tanks.

EXCLUSIONS
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General Information
For sale
Type Income property
Price $1,580,000
Reference 28385997
Unit(s) 6
Year of construction 1953
Municipal tax $6,537 / year
School tax $1,234 / year
Gross annual income $105,120
Rooms 3
Bedroom 1
Bathroom 1
Sewage system Municipal sewer
Water supply Municipality
Siding Brick
Windows Aluminum
Heating energy Electricity
Heating system Electric baseboard units
Basement 6 feet and over
Cupboard Thermoplastic
Equipment available Wall-mounted air conditioning
Available services Laundry room
Parking Outdoor
Driveway Asphalt
Proximity Shops, IGA Extra, Jean-Coutu, SAQ
Zoning Residential
Type of building Attached
Building dimensions 11 x 15 m (irregular)
Occupation date 2019/07/01
Municipal evaluation
Year 2019
Land Evaluation $193,700
Building Evaluation $553,900
Total $747,600
Taxes
Municipal Taxes (2019) $6,537
School taxes (2018) $1,234
Total $7,771
Composition
Unit Type Total Total empty Surface Description
3 3
2 2
1 1
Reference :
#28385997

Louis Emile Fortin
Certified Real Estate Brokers
514 592-0440