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6645 20e Avenue, Montréal (Rosemont/La Petite-Patrie)

2 bedrooms
1 bathroom
mls: 16508970
$1,925,000

Description

Stunning renovated sixplex located in the sought-after neighbourhood of Rosemont--La Petite-Patrie, close to the metro, schools, parks and all amenities. Prime location with strong rental demand. Four of six units have been fully renovated by an architect: modern kitchens, contemporary bathrooms, refinished floors, updated electrical and plumbing, with high-end finishes throughout. Unit 1 also features a renovated kitchen and bathroom. Only Unit 3 requires minor work at a small investment. The building has benefited from significant investments over the years. The roof was entirely redone in 2017, eliminating any major expense for the foreseeable future. All windows throughout the building were replaced in 2015, significantly improving energy efficiency and tenant comfort. During the major 2015 renovations, all interior walls facing the exterior were insulated in the renovated units, reducing heat loss and energy costs. A shared wall between Units 3 and 4 was also soundproofed at the bedroom level, adding to tenant comfort. These major upgrades already completed represent a considerable advantage for the buyer, who will not have to assume these expenses in the short or medium term. Three currently vacant units offer an excellent opportunity to optimize income from day one. Potential gross revenue of $103,200/year at market rents. Six parking spots included (1 per unit), a major asset in the area. An ideal building for an investor seeking a quality product with immediate growth potential.

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Radu Portait
Radu Gartu
Residential & Commercial Real Estate Broker
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