390 -396 Rue du Roi, Asbestos, QC J1T1S8
390 -396 Rue du Roi, Asbestos, QC J1T1S8
390 -396 Rue du Roi, Asbestos, QC J1T1S8
390 -396 Rue du Roi, Asbestos, QC J1T1S8
390 -396 Rue du Roi, Asbestos, QC J1T1S8
390 -396 Rue du Roi, Asbestos, QC J1T1S8
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Listed by Jacob Saey Williamson
$ 1,250,000
Est. payment | /mo

4 Beds

2 Baths

5,121 SqFt


Save
$ 1,250,000
Est. payment | /mo
Save

4 Beds

2 Baths

5,121 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,121 sqft

Price per Sqft $244

MLS Listing ID 27414082

Style Detached

Bedrooms 4

Year Built 2024

Lot Size 0.259 Acres

Property Description

An investment opportunity that combines current income and growth potential! This townhouse-style residential building features four virtually new units that generate excellent income, all in a prime location. You'll also have the option to expand the building to add two additional units, offering attractive potential to further increase your income. Annual revenue of 86 760$!

A rare opportunity for investors seeking income, potential for optimization, and development opportunities! This real estate portfolio includes several properties offering a variety of opportunities: residential units, commercial spaces, developable land, and multi-unit housing projects.

The portfolio notably includes four nearly new residential units at 390--396 Rue du Roi, generating very good income, with the potential to expand the building to add two more units. Nearby, at 374--380 Rue du Roi, there is a renovated mixed-use building featuring two rental garages, an office space, and a fully renovated residential unit. There is also a lot on Rue du Roi connected to municipal utilities, offering the possibility of building a 6-unit building. Option to purchase both buildings together.

Annuel revenue of 86 760$!

A permit application has been submitted to add two additional units to the right side of the building, converting it into a six-unit property. A certified appraisal report is available, indicating a potential value of $1,835,000.

Location

Province QC

Interior

Inclusions Depending on the leases.

Exterior

Lot Depth 30.96

Nearby Locations

George Lukasik

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(514) 706-1700

georgelukasik@gmail.com

1111 Dr.-Frederik-Philips, Montreal, QC H4M 2X6, CAN

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390 -396 Rue du Roi