$1,649,000

8 plex for sale - Saint-Lambert

$1,649,000

Loading property...

$1,649,000

8 plex for sale - Saint-Lambert

$1,649,000

Next Open House

169 Rue Green, Saint-Lambert, J4P 1S7

Very nice and profitable 8-plex in the prestigious city of Saint-Lambert. With close to $100,000 in revenues and fully rented, this building is ideal for investors looking to purchase a building in good condition while being close to downtown. Perfectly located in Saint-Lambert, this income property is a gem in itself. A communal laundry room adds to the income and the central water heating is without a doubt the most important point to express the quality of life for the tenants. The very good tenants add an essential element to qualify this 8-plex as a jewel.

  • NUMBER OF ROOMS : 0
  • Year built : 1953
MARC-ANTOINE SOUTIERE INC.
Residential and Commercial Real Estate Broker
Brokers tranquilit
ALAIN SOUTIERE
Certified real estate broker
Brokers tranquilit
HELENE GERVAIS
Real Estate Broker
Brokers tranquilit
PATRICK LALONDE
Certified Real Estate Broker, AEO
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

52'4" X N/A Irregular

1953

PVC

Guillotine

Poured concrete

Brick

Elastomeric membrane

Wood

Addenda
Particularities plusParticularities minus

****RARE ON THE MARKET****

Highlights:
-Saint-Lambert
-Ideal location just minutes from the commuter train
-Access to Highway 132 and the Victoria Bridge
-Proximity to the Dix30
-Proximity to daycares, schools, parks
-Proximity to public transportation (REM, bus, commuter train, metro)
-Quick access to Montreal
-Prestigious area
-Backyard accessible from the inside
-Common and enclosed backyard
-5 minutes from the island of Montreal by car
-2 minutes walk to schools
-Several renovations done over the years
-8 complete residential units
-Many units converted from commercial use
-Good size rooms
-Common laundry room in the basement
-Entirely rented with possibility of increasing revenues this year


Interior:
-8 units
- 1 x 5 1/2 6 x 4 1/2 1 x 3 1/2
-Functional and partially renovated kitchens
-Large living areas
-Interesting brightness
-2 inch water inlet redone in 2022.
-Keys in hand
-Water heating system
-Good quality wood floors
-Built in 1953
-Windows changed in 2014
-Quiet
-Excellent tenants

Exterior:
-Large balconies
-Elastomeric membrane roof 2015
-Little walking
-In a very popular neighborhood on the South Shore of Montreal
-Exterior masonry cladding
-Pleasant neighbourhood
-Prime location



Summary
Very nice and profitable 8-plex in the prestigious city of Saint-Lambert. With close to $100,000 in revenues and fully rented, this building is ideal for investors looking to purchase a building in good condition while being close to downtown. Perfectly located in Saint-Lambert, this income property is a gem in itself. A communal laundry room adds to the income and the central water heating is without a doubt the most important point to express the quality of life for the tenants. The very good tenants add an essential element to qualify this 8-plex as a jewel.

Its location makes this building a compelling choice, as one can find the peace of mind of the prestigious suburb of Saint-Lambert while remaining minutes away from all services and Montreal.

This is an ideal project for all types of buyers. Whether it is for a young couple, a professional, owner-occupants or investors, this building offers many possibilities. Occupants can have a beautiful unit that has been renovated over the years while having very good neighbors and low maintenance requirements. The returns are good while remaining very affordable for tenants. There is a great opportunity to greatly increase income.

Suburban living within minutes of downtown.


Hurry, there is only one for sale


This gem is for you!

Building details and property interior
Particularities plusParticularities minus

52'4" X N/A Irregular

1953

PVC

Guillotine

Poured concrete

Brick

Elastomeric membrane

Wood

Lot and exterior features
Particularities plusParticularities minus

52'4" X 94' Irregular

Fenced , Landscaped

Flat

Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , High school , Commuter train , Public transportation , University

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Hot water

Natural gas

Laundry room

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Water heaters, laundry (machinery), furnace, garden accessories except those of the tenants, lockers (excluding their belonging), fire extinguishers, light fixtures except those of the tenants.

Tenants' property, appliances.

Financial details
Particularities plusParticularities minus
Assessment (2022)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
Energy
169 Rue Green, Saint-Lambert, J4P 1S7
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 7.0%
  • 15.7%
  • 6.0%
  • 17.4%
  • 44.5%
  • 12.7%
  • 10.5%
  • 5.1%
  • 47.4%
  • 23.6%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
Powered by LocalLogic
+Show more stats -Hide stats
MARC-ANTOINE SOUTIERE INC.
Residential and Commercial Real Estate Broker
Brokers tranquilit
ALAIN SOUTIERE
Certified real estate broker
Brokers tranquilit
HELENE GERVAIS
Real Estate Broker
Brokers tranquilit
PATRICK LALONDE
Certified Real Estate Broker, AEO
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2022)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
Energy
×

My name is MARC-ANTOINE SOUTIERE INC., RE/MAX real estate broker. How may I help you?

Do you have a question?