3875 Rue de Rouen

Montréal — Mercier/Hochelaga-Maisonneuve, QC H1W 1N2

$1,825,000

Centris No. 20129055
  • 1bedrooms
  • 1bathrooms
  • OutdoorParking
  • 333 m²living area

Outstanding turnkey investment opportunity in one of Montreal's most sought-after and rapidly appreciating neighborhood's!Solid brick 8-unit building consisting entirely of spacious 3½ apartments, perfectly located on Rue de Rouen in the vibrant Hochelaga-Maisonneuve district. Steps from Joliette and Pie-IX metro stations, parks, schools, trendy cafés, restaurants, and all amenities.Key Highlights:8 x 3½ apartments (large, bright, and very easy to rent) 5 units currently vacant -- ideal for immediate rent resets to current market rates or owner-occupation 4 units fully and tastefully renovated (new kitchens, bathrooms, flooring, paint, etc.) Horizontal slider windows in excellent condition Insulated metal exterior doors Flat roof with TPO membrane installed in 2015 (transferable warranty remaining) Plumbing: copper water entry, brand-new PEX lines throughout (full replacement scheduled for spring 2025), cast iron & ABS waste lines Electrical: breakers panels with copper wiring Individual electric baseboard heating in every unit (no common panel -- tenants pay their own electricity) Strong revenue potential thanks to the vacant units and recent upgrades Well-maintained building ready to generate immediate cash flow with significant upside in the short term.

Municipal taxes$7,975
School taxes$974
  • Driveway: Asphalt
  • Heating system: Electric baseboard units
  • Water supply: Municipality
  • Heating energy: Electricity
  • Distinctive features: Environmental study phase 1, Environmental study phase 2
  • Proximity: Highway, Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Public transport, University
  • Parking: Outdoor
  • Sewage system: Municipal sewer
  • Zoning: Residential
  • Insurance: $7,712 / year
  • Municipal Taxes: $7,975 / year
  • School taxes: $974 / year

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