621 - 631 Rue Régina,
Montréal (Verdun/Île-des-Soeurs), H4G2H5

Description of the property for sale

Exceptional Investment Opportunity in Prime Verdun Location Discover this beautiful and well-maintained 6-plex, ideally situated in one of Verdun's most sought-after neighborhoods, just steps from the vibrant Atwater Market. This property is a true gem for both investors and owner-occupants, offering a rare chance to secure a solid income-generating asset with immense potential for rental growth. Building Overview: The property features 6 units: 2 x 3½, 2 x 4½, and 2 x 5½. Current in-place rental revenue is $80,100 annually, with significant upside potential as current leases are below market rates, providing investors an opportunity to inc

Exceptional Investment Opportunity in Prime Verdun Location
Discover this beautiful and well-maintained 6-plex, ideally situated in one of Verdun's most sought-after neighborhoods, just steps from the vibrant Atwater Market. This property is a true gem for both investors and owner-occupants, offering a rare chance to secure a solid income-generating asset with immense potential for rental growth.

Building Overview:

The property features 6 units: 2 x 3½, 2 x 4½, and 2 x 5½.
Current in-place rental revenue is $80,100 annually, with significant upside potential as current leases are below market rates, providing investors an opportunity to increase income.
Prime location for tenants seeking an urban lifestyle, with easy access to a multitude of amenities.
Unbeatable Location:

A short walk to Verdun and L'Église metro stations, making commuting a breeze.
Steps away from the bustling Wellington Street, filled with popular restaurants, cafes, and boutique shops.
Close proximity to Verdun's urban beach, waterfront parks, and a scenic 20 km-long cycling path along the river.
Nearby French and English schools, making it a family-friendly option.
Convenient access to highways 15 and 20, and the Champlain Bridge for easy travel in and out of the city.
Property Features:

Impressive 36-foot wide facade and 40-foot deep building structure.
Each unit offers hardwood floors, washer/dryer hookups, and private balconies or outdoor spaces.
Two dedicated parking spots.
Roof replaced in 2010, and new front doors installed.
Water heater system includes one owned unit and five rented units through HYDRO-SOLUTIONS.
Rental Details (as of September 28th, 2024):

Unit 621: $820/month
Unit 623: $1,070/month
Unit 625: $1,375/month
Unit 627: $1,000/month
Unit 629: $945/month
Unit 631: $1,465/month
Seize this incredible investment opportunity to own a prime multi-unit property in a thriving neighborhood with untapped rental potential. Whether you're looking to enhance your portfolio or secure a solid, long-term asset, this 6-plex in Verdun offers the perfect combination of location, value, and growth. Don't miss out!

Included: 1)One hot water tank

Excluded: 1)Tenant belongings

Sale without legal warranty of quality, at the buyer's risk and peril