House for Sale

  • 1863 - 1869 Rue Springland H4E2E5


    $925,000 | #17151561

    264.2sq.ft.
    2
    1

    COMMENTS

    Attention all investors! Here is your chance buy a well-maintained 4-plex in the rapidly growing Sud-Ouest neighbourhood. 100% occupied w/ a solid track record of rental income. There's more upside potential here too - with some strategic changes, you could significantly increase revenue. Each unit comes with its own patio or balcony area, providing tenants with some extra space to enjoy. Being located in such a central area means that there are plenty of amenities nearby for residents to enjoy. If you're looking for an investment property that will give you peace of mind & the potential for strong returns, this one is the perfect choice!

    OUR TOP 3:-Significant upside potential to increase revenue by finishing and reconfiguring the basement-100% occupancy. All units consistently rented.-Prime location in a sought after area for tenants



    All 4 units are rented:-1869: 3 ½ 1 bdrm (pictures 18-23)-1867: 3 ½ 1 bdrm-1865: 4 ½ 2 bdrms-1863: Large 2 bdrm unit over 2 floors (pictures 6-16)

    All units have access to a balcony (second floor units) or patio area (ground floor units) & a fenced backyard

    PROXIMITY:-Near a multitude of parks including Angrignon Park-Between Monkand & Jolicoeur metro stations & multiple bus routes, -Steps to École secondaire Honoré-Mercier and 4 other high school as well as within 15 minutes of several primary schools-Verdun, Douglas & Glenn hospitals nearby -Lachine canal, bike paths, -Library, restaurants, cafés, bars, -A short 15 min drive to downtown Montreal and much more!

    *A new certificate of location has been ordered ETA June 2022*

    *The living space provided comes from the municipal assessment website. Floor plans and measurements are calculated by iGuide on a net basis*

    Inclusions

    4 hot water tanks

    Exclusions

    All of tenants interior and exterior belongings, furniture, appliances, personal effects.

    Neighbourhood: Montréal (Le Sud-Ouest)

    Number of Rooms: 4

    Lot Area: 283.9

    Lot Size: 0

    Property Type: Quadruplex

    Building Type: Semi-detached

    Building Size: 0 X 0

    Living Area: 264.2 sq. ft.

    Heating system
    Electric baseboard units

    Water supply
    Municipality

    Heating energy
    Electricity

    Hearth stove
    Wood fireplace

    Proximity
    Highway
    Cegep
    Daycare centre
    Hospital
    Park - green area
    Bicycle path
    Elementary school
    High school
    Public transport
    University

    Siding
    Brick

    Basement
    6 feet and over

    Sewage system
    Municipal sewer

    Landscaping
    Fenced

    Topography
    Flat

    View
    Panoramic

    Zoning
    Residential

    Room Dimensions Floor Type Details
    Living room12.10x11.3 PWood
    Primary bedroom10.2x11.2 PWood
    Bedroom10.1x8.9 PWood
    Kitchen10.1x10.3 PLinoleumPatio Access
    Bathroom4.10x6.5 PCeramic tiles
    Family room27.0x13.2 PParquetry
    Other6.9x10.7 PParquetry
    Kitchen8.0x13.0 PLinoleum
    Living room12.9x11.2 PWood
    Primary bedroom10.1x11.2 PWood
    Bathroom4.11x6.5 PCeramic tiles
    Kitchen10.2x10.3 PLinoleumBalcony Access
    Bedroom10.2x8.8 PWood
    Living room12.10x11.5 PWood
    Primary bedroom10.1x11.5 PWood
    Kitchen10.0x9.11 PWoodPatio Access
    Bathroom4.10x6.7 PCeramic tiles
    Living room12.4x11.5 PWood
    Primary bedroom10.1x11.5 PWood
    Bathroom4.10x6.7 PCeramic tiles
    Kitchen10.0x9.11 PLinoleumPatio Access

    Municipal Assessment

    Year: 2022
    Building Assessment: $ 471,700
    Lot Assessment: $ 203,000
    Total: $ 674,700

    Annual Taxes & Expenses

    Energy Cost: $ 0
    Municipal Taxes: $ 5,372
    School Taxes: $ 643
    Total: $ 6,015

    Christina Miller


    Certified Real Estate Brokerchristina@christinamiller.ca514.934.2480