10835 – 10837 Av. Georges-Pichet

Clean and well maintained duplex that has the potential to be transformed into a triplex (verification to be done by the purchaser). This property currently offers one 5 1/2 and one 10 1/2 unit that are rented for a total of 28,800$ per year to quality tenants that pay on time and are respectful. Located in proximity to all services and amenities, this property offers a fantastic opportunity for an investor looking to purchase an affordable revenue property in a neighbourhood where vacancy is always extremely. low.

Addenda

10835-10837 Av. Georges-Pichet | Affordable Investment Opportunity. If you are currently looking to purchase a low cost, clean and well maintained revenue opportunity on the Island of Montreal this is your opportunity to do so! Loaded with potential and offering a great tenant quality, This Duplex is a great choice for any first time OR seasoned investor looking to capitalize on an opportunity. Unit Types + Revenue: 10835 // 10 1/2 // $1,300/Month 10837 // 5 1/2 // $1,100/Month Current Revenue: 28,800$ Per Year Potential Revenue: $32,000 – $36,000 The Property: Clean and well maintained duplex built in 1959 in Central Montreal-North offering two large and spacious units that are always easy to rent out fairly quickly. The property has had numerous renovations done to it over the years to keep it clean and as well maintained as possible. Currently rented to two polite and punctual tenants whom have a great track record with the owner. The beauty of this property is that it has the potential to be converted into a Triplex and allows the next owner to add an additional source of revenue! (To be verified by the purchaser) The Location: Just minutes walk from all services and amenities, this property is ideally located in Central Montreal-North close to Pie-Ix, Henri Bourassa, Industriel etc which makes it easy to rent to families or young professionals alike keeping your vacancy rate as a landlord very low! The Investment: Currently set up as a Duplex, this property already brings in a great amount of revenue per year with room to grow in the future depending on the change of tenants. This property also offers a great future potential as the area is zoned for Triplexes and the basement has everything you need to easily convert it into a third unit and generate even more revenue! How often do we come across two units, potentially 3 asking less than $600,000 on the island of Montreal?

Included:

2x Hot water tanks, 2x stove huts, furnace

Excluded:

All tenants personal belongings