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PROPERTY DETAILS

68 Rue St Jacques
Montréal (Lachine)

MLS: 19069894

$938,000

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 4 BEDS

 1 BATHS

0 Powder Rooms

1925 YEAR BUILT

Description

Investment opportunity! Superb fully detached triplex for sale! Are you looking for a wise investment in a prime location? Do not look any further ! We present to you a large, fully detached triplex that combines convenience and even higher yield potential. Whether you are a savvy investor or looking for a home with income potential, this property is sure to exceed your expectations. Composed of a 6 1/2 and 2 X 3 1/2. Continued in the addendum...

Rents:

68 - $2000 per month

70 - 1050$ per month

72 - $675 per month starting July 1, 2024


Key Features:

Triple Advantages: Three separate units guarantee
versatility and income potential. Live in one unit while
renting the others or rent all three for maximum cash flow.
2 outdoor parking spaces on the property, with the
possibility of expanding the number of spaces.

Prime Location: Located in the booming Ville St. Pierre,
Lachine neighborhood, the income and growth potential of
the property is particularly strong compared to other
neighborhoods in Montreal. The property is also very close
to amenities, schools, parks and public transport, making
it attractive to tenants and ensuring high occupancy rates.

Turnkey Investment: Whether you are an experienced investor
or new to real estate, this triplex offers a hassle-free
investment opportunity. Sit back and watch your investment
grow!


Distribution of units:

Main unit: Completely renovated of approximately 1,500
square feet, 4 bedrooms and 6 rooms in total (6 ½ unit),
not including the very large semi-finished basement, which
is being used as a playroom and leisure, and storage, and
laundry. Beautifully updated kitchen with dishwasher and
modern appliances, leading out to a new rear deck and
private garden.

Second Unit: On the second floor, completely renovated with
1 bedroom with possibility of 2 (3 ½ unit), with modern
kitchen and updated bathroom. Integrated laundry room and
dishwasher, and plenty of natural light and storage.

Third unit: On the second floor, 1 bedroom with possibility
of 2 (3 ½ unit) with lots of storage and natural light,
perfect for young professionals. Could be renovated to
match other units and increase income potential.

Investment potential:

Rental Income: With three units, the rental income
potential is substantial, providing a lucrative investment
opportunity.

Real Estate Appreciation: Invest in a growing neighborhood
and market with undeniably strong real estate appreciation,
ensuring long-term wealth accumulation.

BUILDING
Type Triplex
Style Detached
Dimensions 8.28x11.63 M
Lot Size 3493.77 PC
EXPENSES
Municipal Taxes (2024) $ 2574 / year
School taxes (2023) $ 278 / year
ROOM DETAILS
Room Dimensions Level Flooring
N/A
CHARACTERISTICS
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Foundation Poured concrete
Proximity Highway, Cegep, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Basement 6 feet and over, Partially finished
Sewage system Municipal sewer
Zoning Residential
Equipment available Wall-mounted heat pump
Roofing Elastomer membrane, Asphalt and gravel
This property is presented in collaboration with RE/MAX ACTION