Quadruplex for sale

1863-1869 Rue Springland, Montréal (Le Sud-Ouest)
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Quadruplex

1863-1869 Rue Springland | #17151561 Montréal (Le Sud-Ouest)
$ 895,000.00 CAN
bedrooms 2 bathrooms 1
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Attention all investors! Here is your chance buy a well-maintained 4-plex in the rapidly growing Sud-Ouest neighbourhood. 100% occupied w/ a solid track record of rental income. There's more upside potential here too - with some strategic changes, you could significantly increase revenue. Each unit comes with its own patio or balcony area, providing tenants with some extra space to enjoy. Being located in such a central area means that there are plenty of amenities nearby for residents to enjoy. If you're looking for an investment property that will give you peace of mind & the potential for strong returns, this one is the perfect choice!

OUR TOP 3: -Significant upside potential to increase revenue by finishing and reconfiguring the basement -100% occupancy. All units consistently rented. -Prime location in a sought after area for tenants

All 4 units are rented: -1869: 3 ½ 1 bdrm (pictures 18-23) -1867: 3 ½ 1 bdrm -1865: 4 ½ 2 bdrms -1863: Large 2 bdrm unit over 2 floors (pictures 6-16)

All units have access to a balcony (second floor units) or patio area (ground floor units) & a fenced backyard

PROXIMITY: -Near a multitude of parks including Angrignon Park -Between Monkand & Jolicoeur metro stations & multiple bus routes, -Steps to École secondaire Honoré-Mercier and 4 other high school as well as within 15 minutes of several primary schools -Verdun, Douglas & Glenn hospitals nearby -Lachine canal, bike paths, -Library, restaurants, cafés, bars, -A short 15 min drive to downtown Montreal and much more!

*A new certificate of location has been ordered ETA June 2022*

*The living space provided comes from the municipal assessment website. Floor plans and measurements are calculated by iGuide on a net basis*

Sale without legal guarantee, at the buyer's risk and peril.

Included

4 hot water tanks

Excluded

All of tenants interior and exterior belongings, furniture, appliances, personal effects.

Description

Detail

Property Type: Quadruplex Prix total demandé (taxes incluses): $0 Location: $ / Municipality: Montréal (Le Sud-Ouest) Address: Rue Springland Year: 1954

City Evaluation

Lot: $203 000 Building: $471 700 Total : $674 700

Dimensions

Lot size: 11.64 X 24.38 Meters Lot Area: 283.9 Square meters Building size: 9.58 X 13.46 Meters Building space: 264.2 Square Feet

Rooms

Rooms: 4 Bedrooms: 2 Bathroom(s):1 Powder Room(s):0 Living room: 12.4x11.5 P (Wood) Floor : 2 Living room: 12.10x11.5 P (Wood) Floor : GF Living room: 12.9x11.2 P (Wood) Floor : 2 Living room: 12.10x11.3 P (Wood) Floor : GF Primary bedroom: 10.2x11.2 P (Wood) Floor : GF Primary bedroom: 10.1x11.5 P (Wood) Floor : 2 Primary bedroom: 10.1x11.5 P (Wood) Floor : GF Primary bedroom: 10.1x11.2 P (Wood) Floor : 2 Bathroom: 4.11x6.5 P (Ceramic tiles) Floor : 2 Bathroom: 4.10x6.7 P (Ceramic tiles) Floor : 2 Kitchen: 10.0x9.11 P (Wood) Floor : GF Bedroom: 10.1x8.9 P (Wood) Floor : GF Kitchen: 10.2x10.3 P (Linoleum) Floor : 2 Bathroom: 4.10x6.7 P (Ceramic tiles) Floor : GF Kitchen: 10.1x10.3 P (Linoleum) Floor : GF Kitchen: 10.0x9.11 P (Linoleum) Floor : 2 Bedroom: 10.2x8.8 P (Wood) Floor : 2 Bathroom: 4.10x6.5 P (Ceramic tiles) Floor : GF Family room: 27.0x13.2 P (Parquetry) Floor : BT Other: 6.9x10.7 P (Parquetry) Floor : BT Kitchen: 8.0x13.0 P (Linoleum) Floor : BT

Characteristics

Basement 6 feet and over Hearth stove Wood fireplace Heating energy Electricity Heating system Electric baseboard units Landscaping Fenced Proximity Bicycle path Cegep Daycare centre Elementary school High school Highway Hospital Park - green area Public transport University Sewage system Municipal sewer Siding Brick Topography Flat View Panoramic Water supply Municipality Zoning Residential

Costs

Insurance : $2 460 (Yearly) Municipal Taxes ( 2022 ) : $5 372 (Yearly) School taxes ( 2022 ) : $665 (Yearly) Total: $8 497
Christina Miller
Christina Miller
Chartered real estate broker

C: 514.934.2480

F: 514.935.3303

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1863+Rue+Springland,+Montréal+(Le+Sud-Ouest),+H4E2E5