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$1,199,000

8 plex for sale - Lachine

$1,199,000

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$1,199,000

8 plex for sale - Lachine

$1,199,000

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975 5e Avenue, Lachine, H8S 2W6

INVESTMENT OPPORTUNITY - 8plex in the upcoming neighbourhood of Lachine Est. Occupancy rate of 100%. Important work has been done in recent years. 5 of the 8 apartments were completely renovated in the last 4 years. Roof has been replaced in 2017. Serious and responsible tenants. An opportunity not to be missed to own an 8 plex in Montreal.

  • Lot area: 3,690 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1950
CARLO MENNITI INC.
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

50'4" X 32'3" Irregular

1950

Sliding

Poured concrete

Brick

Elastomeric membrane

Addenda
Particularities plusParticularities minus

Renovations:

- The doors and windows of apartments 3, 4, 5, 6, 7, 8 have been replaced between 2017 and 2020.
- The windows in the stairwell were replaced in 2020.
- The rear balconies (fiberglass) and handrails (black aluminum) were replaced in September 2020.
- The brick wall on the north west side was completely redone in 2020.
- Apartment 3 (2018): partial renovation of the kitchen and the bathroom. Wire replacement
electric.
- Apartment 4 (2020): Partial renovation of the kitchen (counter, sink, tap), renovation of the room
bathroom, floor sanding, installation of new flooring in the kitchen and passage,
complete painting of the housing.
- Apartment 5 (2020): partial renovation of the kitchen (counter, sink, tap), complete renovation of
the bathroom, electricity redone, installation of a thermostat on the wall to control the baseboards, new
sockets and switches, sanding floors, painting the apartment
- Apartment 6 (2018): Complete renovation of the kitchen and the bathroom, house painter,
replacement of electrical wiring.
- Apartment 7 (2020): Complete renovation of the kitchen and the bathroom, new electrical wiring,
housing painting, new electronic thermostat for baseboards, new sockets and switches, sandblasting
floors, new doors and windows.
- Stairwell repainted in its entirety.

LOCATION:

- Near the bike path along Lac St-Louis, a must in Montreal
- Close to highways 13 and 20
- 15 minutes from Downtown, the South Shore, Laval and 10 minutes from Montreal-Trudeau airport
- Convenient public transport networks with direct bus to the metro
- Lots of restaurants / terraces to discover on the waterfront
- New train station nearby, the "Gare du Canal". With 150 incentive parking spaces

Building details and property interior
Particularities plusParticularities minus

50'4" X 32'3" Irregular

1950

Sliding

Poured concrete

Brick

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

41' X 90'

3,690 SF

Flat

Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Convection baseboards , Electric baseboard units

Electricity

Intercom

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Not specified

as per leases

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
975 5e Avenue, Lachine, H8S 2W6
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 29.1%
  • 22.5%
  • 15.3%
  • 14.2%
  • 15.7%
  • 9.2%
  • 6.1%
  • 34.3%
  • 47.5%
  • 2.1%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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CARLO MENNITI INC.
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
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