Quadruplex - For sale
$1,329,000 Le Plateau Mont Royal
- Quadruplex
- 6 rooms
- 4 bedrooms
- 1 bathroom
Quadruplex - 2265-2271 Rue Sherbrooke E.
Magnificent 4plex with the character of yesteryear located on the Mont-Royal plateau, prime location close to everything! Each accommodation has its own style and offers you a picturesque and ancient environment, but very well preserved! This building is a very nice real estate investment which will provide you with very attractive rental income totaling more than $87,000 per year! You have 3 x 6 1/2 and 1 x 4 1/2, enough to accommodate large families who will benefit from all the necessary amenities,including entry for washer and dryer, gas heating, functional and practical kitchen, full bathroom, beautiful balconies and storage in each unit
Splendid 4plex on the Plateau-Mont-Royal, ideally located just a few steps from Baldwin Park and close to Lafontaine Park. The 2nd and 3rd floor units (addresses: 2265 and 2267) offer a generous amount of approximately 1,450 square feet.
The ground floor accommodation (address: 2269) also offers approximately 1,450 square feet of living space and benefits from significant additional storage space, comprising a third of the basement (the furnace + the 4 water heaters are there)(which is not included in the living area).
The semi-basement accommodation (address: 2271) offers a living area of approximately 850 square feet, as part of it is reserved for ground floor accommodation. Each apartment retains its original charm thanks to high ceilings, old-fashioned light fixtures, hardwood floors, moldings, woodwork and stained glass windows.
This magnificent 4plex is located in an area of the city that allows residential and commercial use (see attached map). However, it is recommended that the buyer check the City's specific requirements if they plan to use any of the units for commercial purposes.
Here is the list of various renovations undertaken over the years:
- most of the plumbing redone,
- municipal water inlet valve was changed in 2018
- electricity completely redone with installation of new 200 amp electrical panels in each accommodation including grounded electrical outlets
- repointing of the bricks ahead in 2017
- front balconies redone and painting in 2017
- replacement of chair rails, spandrels and lintels in 2017
- new furnace in 2019
- new elastomeric membrane roof in 2022
- division of double living rooms into 2 separate rooms in accommodation 2265 and 2269
-4 new water heaters rented from Hydro-Solutions in 2017
This sale is made without legal guarantee of quality at the risk of the buyer.
At the seller's request, visits will only be made following a promise to purchase accepted with proof of mortgage prequalification. The promise to purchase must be sent to the listing brokers. the offer must be open for a minimum of 72 hours.
Here is an ideal opportunity to become the owner of a very well-maintained building which will provide you with very attractive residential and commercial income if that is your decision!
Apartment at 2265: photos no. 5 to 16.
Apartment at 2267: photos no. 17 to 27.
Apartment at 2269: photos no. 28 to 40.
Apartment at 2271: photos no. 41 to 45 (semi-basement loft).
INCLUSIONS
2265; Stacked washer and dryer 2271; Stove
EXCLUSIONS
All tenants' belongings as well as the 4 water heaters rented from Hydro Solution.
For sale | |
Type | Quadruplex |
Price | $1,329,000 |
Reference | 26123367 |
Unit(s) | 4 |
Year of construction | 1931 |
Municipal tax | $8,760 / year |
School tax | $1,139 / year |
Gross annual income | $87,300 |
Rooms | 6 |
Bedrooms | 4 |
Bathroom | 1 |
Land | 3 022.5 sq |
Sewage system | Municipal sewer |
Water supply | Municipality |
Foundation | Poured concrete |
Roofing | Elastomer membrane |
Siding | Brick |
Heating energy |
Electricity Natural gas |
Rental appliances | Water heater |
Distinctive features |
Environmental study phase 1 Environmental study phase 2 |
Topography | Flat |
Proximity |
Bicycle path Cegep Cross-country skiing Daycare centre Elementary school High school Hospital Park - green area Public transport University |
Zoning |
Commercial Residential |
Type of property | Quadruplex |
Type of building | Attached |
Building dimensions | 66.8 x 26.1 pi |
Land dimensions | 114.1 x 28.0 pi |
Year | 2023 |
Land Evaluation | $381,900 |
Building Evaluation | $1,063,000 |
Total | $1,444,900 |
Municipal Taxes (2023) | $8,760 |
School taxes (2023) | $1,139 |
Total | $9,899 |
Unit Type | Total | Total vacant | Surface | Description |
---|---|---|---|---|
Résidentielle (6½) | ||||
Résidentielle (6½) | ||||
Résidentielle (6½) | ||||
Résidentielle (4½) |