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OFFERS DEADLINE
First Come, First Served basis:
This offering is only available through an online offer submission as outlined below:
Offers should be submitted by the listing broker by email at info@fbgcommercial.com
Offer structure should include the following:
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Purchase Price
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Proposed Deposit Amount
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Proposed Due Diligence & Closing Period
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Evidence of Adequate Funds
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Company Profile
OVERVIEW
FBG Commercial is thrilled to present an extraordinary investment opportunity: a stunning 6plex located in the highly coveted Plateau Mont-Royal neighborhood of Montreal. Boasting six fully renovated and spacious 6 1/2 apartments, this property stands as a testament to refined craftsmanship and meticulous attention to detail.
Situated in the heart of the vibrant and culturally rich Mile-End, renowned for its artistic ambiance, trendy cafes, and eclectic shops, the 6plex enjoys an enviable location that effortlessly blends convenience with a captivating atmosphere. Its prime position ensures residents have easy access to a myriad of amenities and attractions that define the essence of urban living.
Beyond its prime location, the 6plex offers an exceptional revenue potential, currently yielding an impressive average monthly rental income of $2,743 across all units. This substantial return on investment highlights the property's appeal to savvy investors seeking stable cash flow and long-term financial gains.
Each apartment within the 6plex has been thoughtfully upgraded, seamlessly blending modern amenities with timeless design elements. From contemporary finishes to well-appointed spaces, every unit exudes a sense of sophistication and comfort, providing tenants with an exceptional living experience.
Acquiring this exceptional 6plex presents a rare opportunity to invest in one of Montreal's most desirable locations. With its attractive revenue potential, meticulously renovated apartments, and the allure of the vibrant Mile-End neighborhood, this property holds the promise of a lucrative and prosperous investment. Don't miss out on the chance to own this remarkable 6plex and secure your foothold in the thriving Montreal real estate market.
Contact us for more information!
INVESTMENT HIGHLIGHTS
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Situated in the highly sought-after Plateau Mont-Royal neighborhood of Montreal.
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All six 6 1/2 apartments have undergone extensive renovations to ensure top-quality living spaces including electricity and plumbing
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The property is located in the heart and desirable location of the culturally rich Mile-End, known for its artistic ambiance, trendy cafes, and eclectic shops.
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Impressive Monthly Rental Income: The 6plex currently generates an average monthly rental income of $2,743 across all units.
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The property presents a compelling investment opportunity with strong potential for long-term financial gains.
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The renovations reflect meticulous attention to detail and a commitment to superior craftsmanship.
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The apartments provide residents with a sophisticated and comfortable living environment.
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The impressive rental income provides a stable source of cash flow for investors.
PROPERTY DETAILS
Price $3,100,000
Number of Units 6
Price / Door $516,666
Property Type Multi Family
Cap Rate 5.54%
Year Built Unknown
Building sqft 4,908
Average rent/Unit $2,743
NOI $171,755.05
PHOTO GALLERY
6
UNITS
4,908
SQFT
UNKNOWN
YEAR BUILT
MARKET SPOTLIGHT
APARTMENTS
The divisions throughout :
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6 1/2 x6
RENTAL VALUE
This 6plex, fully optimized in the Plateau neighborhood, holds significant potential for long-term financial gains. The high demand for rental properties in this sought-after area contributes to consistent occupancy rates and the ability to secure competitive rental prices. The combination of a desirable location, spacious units, and a well-maintained building positions the 6plex as an attractive choice for tenants, translating into a stable and lucrative rental income for the property owner.
LOCATION ADVANTAGE
The Plateau-Mont-Royal borough is renowned for its distinct character, artistic vibe, and proximity to various amenities. As a result, the demand for housing in this area is consistently high, making it an attractive location for property investment. The combination of a desirable neighborhood and well-maintained, fully renovated units creates an enticing proposition for potential tenants.
GEOGRAPHIC MAP
CONTACT US
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We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. The Purchaser and his team should conduct their own investigation of the property and transaction.