Noteworthy

Quadruplex

for sale

1097-1103 Av. Desmarchais

,

Montréal (Verdun/Île-des-Sœurs)

$1 190 000

  • 27035828
  • 3730sq. ft.
  • 4495sq. ft.

About

** AMAZING OPPORTUNITY FOR INVESTORS ** Magnificent 4Plex located in a coveted area of Verdun on the beautiful avenue Desmarchais, 2 steps from Cooney Park. Income of $ 44,880 / year. Well maintained building. 4 parking lots at the rear. Ideally located: canal, parks, schools, shops. Within walking distance of Jolicoeur metro station. A must see!

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Addendum

This LARGE 4PLEX, owned by the same owner since 1982, has
been very well maintained and offers:

+ 4 LARGE units; superb hardwood floors in all units
+ Income of $ 44,880 / year
+ Very interesting revenue growth potential
+ Very well maintained building - all units have been
renovated over the years
+ Finished basements with ceilings up to 7.4 feet high
+ The units on the ground floor each have 2 bathrooms, one
in the basement, a laundry room in the basement and an
entrance for the dishwasher
+ Very large backyard with 4 parking spaces located at the
rear
+ The tenants of the upper units benefit from 2 large
storage spaces in the basement:
- # 1101: storage space of 12.1 x 14.1 feet
- # 1099: storage space of 10 x 9 feet
+ Ceilings with a height of 8.8 feet
+ Height of the ceilings in the basement varying between
6.3 and 7.4 feet.

OTHER WORKS CARRIED OUT:
2020 - Installation of a WaterGuard interior drainage
system and sump pump
2010 approx - Replacement of doors and windows on the front
facade
2010 approx - Installation of a non-return valve.

THE AREA :
+ Quiet area of Verdun
+ Peaceful avenue close to Cooney Park
+ Close to all services: shops, restaurants, grocery stores
and more!
+ Only 10 minutes from Verdun Beach, the waterfront and
cycle paths
+ 10 minutes drive from Verdun Hospital
+ Only 15 minutes from downtown Montreal

ACCESSIBILITY:
+ Quick access to highways 10, 15 and 20
+ Jolicoeur and Verdun metro stations within walking
distance
+ Bus stop at the corner on boulevard Lasalle / Wellington
and on De Verdun

*** Visits of the apartments to be done only after
acceptance of a promise to purchase.
*** Pre-qualification required.

In addition

Taxes of $6 551

Municipal: $5 874
School: $677

Municipal evaluation $804 300

Land: $367 500
Building: $436 800

Net Incomes $38 329

Incomes: $44 880
Costs: $6 551

Building of 3730sq. ft.

43ft x 43ft
Built in 1943

Lot of 4495sq. ft.

43ft x 104.5ft

Rental Units

  • Appartment
    1
    -2
  • Appartment
    1
    3
  • Appartment
    1
    3
  • Appartment
    1
    3

Note that the graphic does not necessarily reflect the disposition of units.

Incomes and Costs

Revenue
$38 329

Potential Gross Revenue

(Français) 0 $
(Français) 1 $
Total $44 880

Costs

Municipal Taxes $5 874
School taxes $677
Total $6 551

Building and Interior

Heating system
Water supply
Heating energy
Foundation
Basement
Sewage system

Lot and Exterior

Driveway
Landscaping
Siding
Proximity
Parking
Roofing
Topography

More features

Zoning
Evaluation

Inclusions

3 water heaters

*This property is sold without legal warranty.

Exclusions

Tenants' personal belongings.

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--

Presented by

Martin Lemay

Real Estate Broker

Andréa Hamel

Real Estate Broker

Sold without legal warranty of quality, at the buyer's own risks.

Addenda

This LARGE 4PLEX, owned by the same owner since 1982, has
been very well maintained and offers:

+ 4 LARGE units; superb hardwood floors in all units
+ Income of $ 44,880 / year
+ Very interesting revenue growth potential
+ Very well maintained building - all units have been
renovated over the years
+ Finished basements with ceilings up to 7.4 feet high
+ The units on the ground floor each have 2 bathrooms, one
in the basement, a laundry room in the basement and an
entrance for the dishwasher
+ Very large backyard with 4 parking spaces located at the
rear
+ The tenants of the upper units benefit from 2 large
storage spaces in the basement:
- # 1101: storage space of 12.1 x 14.1 feet
- # 1099: storage space of 10 x 9 feet
+ Ceilings with a height of 8.8 feet
+ Height of the ceilings in the basement varying between
6.3 and 7.4 feet.

OTHER WORKS CARRIED OUT:
2020 - Installation of a WaterGuard interior drainage
system and sump pump
2010 approx - Replacement of doors and windows on the front
facade
2010 approx - Installation of a non-return valve.

THE AREA :
+ Quiet area of Verdun
+ Peaceful avenue close to Cooney Park
+ Close to all services: shops, restaurants, grocery stores
and more!
+ Only 10 minutes from Verdun Beach, the waterfront and
cycle paths
+ 10 minutes drive from Verdun Hospital
+ Only 15 minutes from downtown Montreal

ACCESSIBILITY:
+ Quick access to highways 10, 15 and 20
+ Jolicoeur and Verdun metro stations within walking
distance
+ Bus stop at the corner on boulevard Lasalle / Wellington
and on De Verdun

*** Visits of the apartments to be done only after
acceptance of a promise to purchase.
*** Pre-qualification required.
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