Location, location, location! Detached 5-plex in Le Vieux-Longueuil, steps away from metro, and Place Longueuil. Excellent investment opportunity with a strong rental track record and steady income. The building includes 5 apartments in beautiful condition and brings in great revenue. (see July rent increases). 8 outdoor parking spaces, (3 available for rent). Each apartment has been updated over the years and rents out in a matter of days. Freshly repainted common entrance on all 3 floors. See Addenda for more details
32' X 48' Irregular
1964
Poured concrete
Brick
Elastomeric membrane
Apartment No1 (3 ½ ) Current lease: $860/month until June 30, 2026, increased to $890/month until June 30 2027, increased to $915/month until June 30, 2028, includes a renewal option at $940/month until June 30 2029
Apartment No2 (5 ½) Current lease: $1,210/month until June 30, 2026, increased to $1,272/month until June 30, 2027. The rent amount has been adjusted as Unit 2 hydro includes the common areas.
Apartment No3 (3 ½) Current lease: $965/month until June 30, 2026, increased to $990/month until June 30 2027
Apartment No4 (3 ½) $840/month until June 30, 2026, increased to $890/month until June 30 2027
Apartment No5 (2 1½) Current lease: $835$/month until June 30 2027
Rental value for the 3 extra parking spots: $100/month x 3 = $300/month or $3,600/year
32' X 48' Irregular
1964
Poured concrete
Brick
Elastomeric membrane
50' X 181'
9,050.3 SF
Asphalt
Driveway : 8
Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , High school , Public transportation , University
Residential
Electric baseboard units
Electricity
Wall-mounted air conditioning
Municipality
Municipality
5 electric hot water tanks, washer & dryer for the two basement apartments.
Not specified
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RE/MAX ACTION | 1225 avenue Greene, Westmount, Québec, H3Z 2A4
Hello, my name is SYLVIE LAFRENIERE, real estate broker. Contact me for more information.
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