11375 – 11379 Av. Hénault

Looking for a solid investment opportunity? This triplex located in Montreal-North offers a unique opportunity to buy a revenue property that has been generally well maintained and renovated over the last 5 years with great looking units and a lot of functional renovations. Currently generating 31,200$/Year (2 units) with potential of $44,400/year, this property offers a fantastic investment opportunity with room to grow! Located near all services, amenities and transportation.

Addenda

11375-11379 Av. Hénault | Great Investment Opportunity. This triplex offers a fantastic revenue opportunity that has room for optimization over the next couple of years and is located in a neighbourhood that is ideal for quickly finding tenants! With lots of upgrades and functional renovations over the years, this property is a low maintenance and hassle free way to invest into real estate and reap the rewards as the years go by! The Property: This 1961 built triplex offers a full brick construction that has a foundation built on piles (from construction) making it solid and ready to stand the test of time. With three large 5 1/2 units that have been well renovated and maintained by the owner and a brand new basement 3 1/2 that is very large, this property offers a fantastic, low maintenance investment that is perfect for first time investors or seasoned real estate veterans! With a brand new french drain and sump pump (2022), re-painted common area and quality tenants in place this property is a great investment opportunity. The Location: Montreal North is a neighbourhood that is lined with revenue property and is strategically located near train and bus stations making daily commute a breeze for all potential tenants which keeps them coming back year after year! With schools, parks, services and amenities all within close proximity, Av. Hénault is a fantastic investment area for home owners and tenants alike. This property is just steps from everything you or your tenants will need and provides easy access for your daily commute! The Investment: Unfortunately as time goes on, purchasing three units under $750,000 on the island of Montreal will become harder to find. This property offers you an affordable price point, and great current revenue to make this the ideal first investment, or a great low maintenance add on to your existing portfolio. Combining low maintenance with low yearly ownership costs, this property is ready to be gentrified and offer a positive cash flow to its next owners. **Important note: The basement unit is pending completion by the owner, certain finishes (kitchen cabinets, plumbing fixtures, vanities and countertops) will be installed in the coming weeks at the vendors expense and before signing at the notary, the completion of the unit is included in the price and is awaiting inspection from the city to receive its official address (11379)**

Included:

3x Hot Water Tanks, 3x Stove Huts, Shed.

Excluded:

All personal belongings of the tenants.