for sale
3875 Rue de Rouen
Mercier/Hochelaga-Maisonneuve (Montréal), H1W1N2
MLS # 20129055
Outstanding turnkey investment opportunity in one of
Montreal's most sought-after and rapidly appreciating
neighborhood's!Solid brick 8-unit building consisting
entirely of spacious 3½ apartments, perfectly located on
Rue de Rouen in the vibrant Hochelaga-Maisonneuve district.
Steps from Joliette and Pie-IX metro stations, parks,
schools, trendy cafés, restaurants, and all amenities.Key
Highlights:8 x 3½ apartments (large, bright, and very easy
to rent)
5 units currently vacant -- ideal for immediate rent resets
to current market rates or owner-occupation
4 units fully and tastefully renovated (new kitchens,
bathrooms, flooring, paint, etc.)
Horizontal slider windows in excellent condition
Insulated metal exterior doors
Flat roof with TPO membrane installed in 2015 (transferable
warranty remaining)
Plumbing: copper water entry, brand-new PEX lines
throughout (full replacement scheduled for spring 2025),
cast iron & ABS waste lines
Electrical: breakers panels with copper wiring
Individual electric baseboard heating in every unit (no
common panel -- tenants pay their own electricity)
Strong revenue potential thanks to the vacant units and
recent upgrades
Well-maintained building ready to generate immediate cash
flow with significant upside in the short term.
Appliances in renovated units, hot water tanks
97
- Driveway: Asphalt
- Heating system: Electric baseboard units
- Water supply: Municipality
- Heating energy: Electricity
- Distinctive features: Environmental study phase 1, Environmental study phase 2
- Proximity: Highway, Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Public transport, University
- Parking: Outdoor
- Sewage system: Municipal sewer
- Zoning: Residential
- Insurance: $7,712 / year
- Municipal Taxes: $7,975 / year
- School taxes: $974 / year
contact agent
Residential & Commercial Real Estate Broker
Mark Reiner
Residential & Commercial Real Estate Broker
Maximilian Cronin
