1902 Rue Parthenais
Montréal (Ville-Marie), QC H2K
$1,595,000
MLS#
13814712
Bathrooms:
1
Type:
Livable Area:
0
Bedrooms:
1
Lot Area:
250.4 MC
Potential gross revenue:
$99,420
Description

Well-maintained 6plex ideally located in Ville-Marie! Comprised of six functional 4 ½ units, including one currently vacant, this property generates excellent income and offers strong potential for rent increases, despite several recent updates. Each unit includes a closed bedroom and a closed office, and is equipped with washer/dryer hookups, providing great comfort for tenants. Electricity and heating costs are paid by the tenants. This multi-residential building is conveniently located near all services and just a 10-minute walk from Papineau and Frontenac metro stations. This asset is a safe and profitable investment!

Included

All inclusions provided for in the leases.

Excluded

Tenants' personal belongings.

Municipal land valuation

$300,500

Municipal building valuation

$542,000

More information

- The revenues shown are based on market values, with renewals accepted or new leases signed.

- For items of expenses for financing purposes, such as vacation and bad debts, administration, maintenance reserve, and concierge, please use the CMHC scales. Only expenses with supporting documents are displayed on the description sheet. If you are not familiar with the harmonization of CMHC expenditures, I will be pleased to assist you.

* The seller's broker informs the buyer who is not represented by a broker that he represents the seller and defends his interests. It does not represent or defend the interests of the buyer. We recommend that the buyer be represented by the broker of his choice. If the buyer still chooses not to be represented, the seller's broker advises that he will treat the buyer fairly.

** Fair treatment: Provide objective information on all facts relevant to the transaction and on the rights and obligations of all parties to the transaction, whether represented by a broker or not.

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Building
Type
Style Attached
Dimensions 13.7x10.66 M
Lot Size 250.4 MC
Expenses
Insurance $ 4861 / year
Municipal Taxes (2025) $ 5247 / year
School taxes (2025) $ 689 / year
Characteristics
Proximity Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, University
Siding Brick
Basement Crawl space, Low (less than 6 feet), Unfinished
Heating system Electric baseboard units
Heating energy Electricity
Landscaping Fenced
Topography Flat
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential
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