Properties

627-631A 1re Avenue

Montréal (Lachine) H8S2S4

Quadruplex | MLS: 21513609

$1,099,000


Description

Succession sale! Offered at approximately 12x gross revenue, this is an exceptionally rare opportunity. Generating $90,200 annually, the property sits on a large 6,000 sq.ft. lot and offers over 3,747 sq.ft. of living space, excluding an incredibly spacious basement. Numerous renovations over the years, including major upgrades in 2004 (windows, basement extension, and more). The main unit spans two floors with 2 kitchens, 4 bedrooms, 2 bathrooms, and 2 family rooms. Seller to install a new membrane roof at his expense. A secure, high performing investment in a prime Montreal location. Seize this opportunity!

Exclusions : Tenants belongings

Location

Characteristics

Basement 6 feet and over, Finished basement
Driveway Asphalt
Proximity Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, Réseau Express Métropolitain (REM)
Heating system Electric baseboard units
Heating energy Electricity
Sewage system Municipal sewer
Water supply Municipality
Parking Outdoor
Foundation Poured concrete
Zoning Residential
Rental appliances Water heater

Overview

Liveable Area 3747 PC
Total Rooms 7
Bedrooms 4
Bathrooms 2
Powder Rooms 0
Year of construction 1920

Building

Type Quadruplex
Style Detached
Dimensions 50x38 P
Lot Size 6000 PC

Expenses

Insurance $ 7099 / year
Municipal Taxes (2026) $ 5278 / year
School taxes (2026) $ 645 / year

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Frank Mancini
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