68-72 Rue St-Jacques
$938,000
Montréal (Lachine) H8R1C7
Triplex | MLS: 19069894
Description
Investment opportunity! Superb fully detached triplex for sale! Are you looking for a wise investment in a prime location? Do not look any further ! We present to you a large, fully detached triplex that combines convenience and even higher yield potential. Whether you are a savvy investor or looking for a home with income potential, this property is sure to exceed your expectations. Composed of a 6 1/2 and 2 X 3 1/2. Continued in the addendum...
Rents:
68 - $2000 per month
70 - 1050$ per month
72 - $675 per month starting July 1, 2024
Key Features:
Triple Advantages: Three separate units guarantee
versatility and income potential. Live in one unit while
renting the others or rent all three for maximum cash flow.
2 outdoor parking spaces on the property, with the
possibility of expanding the number of spaces.
Prime Location: Located in the booming Ville St. Pierre,
Lachine neighborhood, the income and growth potential of
the property is particularly strong compared to other
neighborhoods in Montreal. The property is also very close
to amenities, schools, parks and public transport, making
it attractive to tenants and ensuring high occupancy rates.
Turnkey Investment: Whether you are an experienced investor
or new to real estate, this triplex offers a hassle-free
investment opportunity. Sit back and watch your investment
grow!
Distribution of units:
Main unit: Completely renovated of approximately 1,500
square feet, 4 bedrooms and 6 rooms in total (6 ½ unit),
not including the very large semi-finished basement, which
is being used as a playroom and leisure, and storage, and
laundry. Beautifully updated kitchen with dishwasher and
modern appliances, leading out to a new rear deck and
private garden.
Second Unit: On the second floor, completely renovated with
1 bedroom with possibility of 2 (3 ½ unit), with modern
kitchen and updated bathroom. Integrated laundry room and
dishwasher, and plenty of natural light and storage.
Third unit: On the second floor, 1 bedroom with possibility
of 2 (3 ½ unit) with lots of storage and natural light,
perfect for young professionals. Could be renovated to
match other units and increase income potential.
Investment potential:
Rental Income: With three units, the rental income
potential is substantial, providing a lucrative investment
opportunity.
Real Estate Appreciation: Invest in a growing neighborhood
and market with undeniably strong real estate appreciation,
ensuring long-term wealth accumulation.
Location
Characteristics
Heating system | Electric baseboard units |
---|---|
Water supply | Municipality |
Heating energy | Electricity |
Foundation | Poured concrete |
Proximity | Highway, Cegep, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre |
Basement | 6 feet and over, Partially finished |
Sewage system | Municipal sewer |
Zoning | Residential |
Equipment available | Wall-mounted heat pump |
Roofing | Elastomer membrane, Asphalt and gravel |
This property is presented in collaboration with RE/MAX ACTION