18 bedrooms
6 bathrooms
Lot dimensions 5,832.96 ft² (541.90 m²)

Owners’ comments

*** Turnkey 6PLEX building ***

** Accepted offer with pre-approval and proof of down payment required prior to dwelling visitation **

 
Excellent start / addition for passive income investor. Good condition recession-proof investment:

  • 5 ½ (6) with individual lockers
  • 8 parking spaces
  • Shed and indoor locker at owners disposal
  • Easy to Rent thanks to its strategic location on the south shore of Montreal (Ville Longueuil)
  • In proximity of all services and Jacques-Cartier Bridge / Longueuil Metro station
  • Electric heating and hot water paid by tenants
  • Electrical breaker box in dwellings

 

Total Residential revenue: $56,160 - Potential income: $60,000+

Operating costs:

  • Municipal taxes: $6,118.19
  • School taxes: $918.54
  • Insurances: $3,000
  • Electricity / heating (service): $500
  • Snow removal: $500
  • Superintendent / janitor on-site (optional): $200 / monthly contract


Renovations / improvements made over the years:

  • Asphalt redone (2005) - resurfaced: repaired and sealcoated (2019)
  • Dryer ventilation for each dwelling (2009)
  • Fire system (2017)
  • Hot water tanks replaced (2013)
  • Roof (2005)
  • Windows (2018)
  • Wrought iron railings / balconies repainted (2019)
  • Video surveillance system (2017): two (2) IP cameras in the common area for 24/7 remote viewing access - connected to a network video recorder (NVR)

And many more by previous owner.

Complete Description
Complete Description

Property features

Asking Price
$990,000
Year of construction
1971
Building dimensions
1,976.4 ft² (183.61 m²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
8
3 Bedroom
6
Bedrooms (total)
18

Roof:

  • Gravel and asphalt

Windows:

  • PVC

Heating source:

  • Electric

Features:

  • Shed
  • Alarm system

Upgrades:

  • Windows
  • Floors
  • Painting

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Complete list of property features

How to buy this property

Found your dream home? Here’s a summary of steps to follow to become a homeowner. For detailed information, click here:

Buy on DuProprio.com
Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

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How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$990,000

6 units or more for sale

No. 772117

Contact the owner
Contact the owner