Owner's personal effects in storage
A strong investor-focused opportunity in Montréal-Nord: this 5-plex offers established rental income, a practical unit mix, and a clear path for continued value optimization.
The property is already producing meaningful income, with five residential units and a current rent profile that supports a serious investment analysis. For buyers seeking a stabilized asset rather than a purely speculative project, this is the appeal: the building is income-generating today, while still leaving room for further improvement over time.
The condition profile is mixed, which should be viewed through an investor's lens. Some units have been renovated or improved, while others remain more original or older in finish. This creates a useful balance: current revenue is already in place, but future ownership can still pursue targeted upgrades, lease turnover improvements, and additional rent optimization where appropriate. Rather than paying only for a fully polished product, an investor has the opportunity to acquire an asset with both existing income and remaining value-add potential.
The location adds to the property's rental logic. Positioned in Montréal-Nord near Gouin E. and within reach of Pie-IX, the building benefits from access to public transit, local services, shops, schools, parks, and everyday amenities. These are the practical factors that matter to tenants and support long-term occupancy. The area offers a functional residential environment with connections to major routes and essential services, making the property relevant to a broad tenant base.
For investors, the thesis is straightforward: five rental doors, existing income, a location with tenant demand fundamentals, and a mixed-condition profile that leaves room for measured future upside. The property is not being presented as flawless, nor should it be. Its strength lies in the combination of current cash flow and the ability for the next owner to continue improving the asset strategically.
A compelling acquisition for investors looking for stabilized multifamily revenue in Montréal-Nord with credible value-add potential still remaining.
About this property
5-plex investment opportunity in Montréal-Nord offering stabilized income with further value-add potential. The property features a mix of renovated and older/original units, creating room for future rent and finish optimization over time. Well-positioned near Gouin E., Pie-IX, public transit, parks, schools, shops, and services, the asset offers practical tenant appeal and strong long-term rental fundamentals. A credible acquisition for investors seeking existing revenue with remaining operational upside.
Sale with exclusion(s) of legal warranty - See listing broker(s).
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