1902 Rue Parthenais, Montréal (Ville-Marie), QC H2K3S3 $1,595,000

Frontage

Frontage

Corridor

Corridor

Primary bedroom

Primary bedroom

Primary bedroom

Office

Office
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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!
- 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.
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.
Inclusions: All inclusions provided for in the leases.
Exclusions : Tenants' personal belongings.
BUILDING | |
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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 |
ROOM DETAILS |
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Room | Dimensions | Level | Flooring |
N/A |
CHARACTERISTICS |
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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 |