Description

Extremely rare and unique on the market - detached 4 plex (2 duplexes side by side) on 2 floors with 3 bedrooms each, bringing in over $53,000 of gross revenue as of July 1st, 2024. Asking under 16x revenue.

Addendum

Welcome to this prime investment opportunity located at 4953-4959 rue Lavoie, Pierrefonds. This well situated detached fourplex is a gem for experienced investors seeking to optimize rental potential and elevate their portfolio. Currently generating over $53,000 in gross revenue as of July 1st, 2024, this property promises both stability and growth.

Situated in a highly desirable area, this plex boasts an unbeatable location. It is conveniently close to Sources and Saint - Jean Boulevards, offering easy access to highways 40 and 13. Future connectivity will be enhanced with the upcoming REM, making commutes and transportation even more efficient. The surrounding neighbourhood is rich with amenities including many markets, restaurants, public transport options, schools, daycares, and more, making it highly attractive to prospective tenants.

The location alone ensures high rental demand, and with strategic optimization, it holds potential for increased revenue. Whether you're looking to renovate, update, or simply manage more efficiently, this property is ripe for value addition.

Don't miss this chance to invest in a property that combines excellent location, steady income, and significant upside potential.

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

Description sheet

Features

Potential Gross Revenue

Assessment, Taxes and Expenses