Description

Prime investment opportunity in the heart of Little Italy! This multi-unit property offers incredible potential with its ideal location near all amenities, including popular cafés, restaurants, and markets. Boasting solid construction, well-maintained interiors, and a strong rental history, with 4 out of 6 units completely redone, and one unit currently vacant, it's perfect for investors or owner-occupiers. Don't miss out on this rare chance to own a property in one of Montreal's most sought-after neighbourhoods!

Extensive Renovations:
The property has undergone major renovations to modernize
the living spaces and enhance its appeal. Four of the six
units have been fully renovated, including new kitchens,
bathrooms, and upgraded flooring. Renovations were
completed with high-quality materials for durability and
comfort, attracting a wider tenant base and increasing
rental income potential.

Vacancy Opportunity:
One unit is currently vacant, offering immediate
flexibility. The unit can be occupied by the buyer, rented
at market rates, or updated to match the renovated units.
This flexibility lets investors optimize their return while
maintaining or increasing rental income.

Prime Location in Little Italy:
Located in the vibrant Little Italy, the property is near
popular local amenities, including restaurants, cafés,
boutique shops, and Jean-Talon Market. The area is
well-served by public transportation, ensuring easy access
for tenants. This prime location guarantees continuous
demand and positions the property as a sound long-term
investment.

Recent Property Improvements:
The property has seen several important upgrades, boosting
both its structure and curb appeal. New windows and doors
improve insulation and energy efficiency. The back balcony
has been replaced, offering tenants a modern outdoor space.
The front staircase has also been replaced, enhancing
safety and curb appeal.

Strong Rental History:
The building has maintained a strong rental history due to
its prime location and quality units. Recent renovations
have only increased its appeal, ensuring high demand and
low vacancy rates. Rental rates reflect Little Italy's
growth and desirability, with room for further increases.

Investment Potential:
With four renovated units, a vacant unit ready for lease,
and a solid rental history, the property offers immediate
cash flow potential. As demand in Little Italy continues to
grow, there is room for rent adjustments over time. The
quality of recent upgrades positions the building as a
low-maintenance investment.

Building Condition:
The overall building condition is excellent, thanks to
regular maintenance and recent upgrades. Replacing key
elements like windows, doors, the back balcony, and front
staircase ensures long-term durability and reduces future
repair costs. Buyers can expect minimal capital expenditure.