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$898,000 | 6411 Boul. Monk

6411 - 6419 Boul. Monk

Montréal (Le Sud-Ouest), Saint-Paul/Émard, H4E3H8
Quintuplex | MLS: 25710179

Description

Semi-Commercial Quintuplex located in the heart of Ville-Émard, 5 minutes walking distance from Monk Metro and centrally located from shops and services. 4 x semi-closed 3 1/2 units and 1 commercial tenant. NOI for 2020-2021: $50,929. Building to be sold jointly with 6421-6429 Blvd. Monk (Centris# 26381307). Visits only upon accepted offer.

* Excellent investment opportunity. * Opportunity to renovate for greater revenue optimization and growth. * Long standing reliable tenants (both residential and commercial) - See Premises and Lease Document DL28712 for rental details. * Commercial tenant : Liberal Party of Canada * Well maintained over the years by the current owner. * Most windows and front doors of each apartment have been replaced in 2011-2012. * New Asphalt and Gravel roof - 2006 * All utilities paid by tenants (residential and commercial) * Commercial tenant pays $5,657 of business tax in addition to net rent. * Future Rent increase for commercial space (6415) : $2,000 as of Nov 1, 2020

Inclusions : 5 Hot Water Tanks, 1 Air Conditioning Unit (in Commercial Space)

Exclusions : Tenants personal belongings (residential and commercial)

TypeQuintuplex
StyleAttached
Dimensions16.79x7.62 M
Lot Size191.1 MC
Insurance$ 2128 / year
Recovery of expenses$ -5657 / year
Municipal Taxes (2020)$ 6669 / year
School taxes (2020)$ 591 / year
lot assessment$ 129900
building assessment$ 380400
total assessment$ 510300

Room Details

RoomDimensionsLevelFlooring
N/A

Charateristics

Heating systemElectric baseboard units
Water supplyMunicipality
Heating energyElectricity
WindowsPVC
SidingBrick
ProximityHighway, Hospital, Park - green area, Elementary school, High school, Public transport, Daycare centre
BasementPartially finished, Low (less than 6 feet)
ParkingOutdoor
Sewage systemMunicipal sewer
Window typeHung
ZoningCommercial, Residential

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