Quadruplex for sale – 3120 – 3122 Louis-Veuillot, Mercier/Hochelaga-Maisonneuve, Montreal

Addendum

Rare opportunity in Mercier-Ouest (MHM)!

Fully detached quadruplex, located on a corner lot only 7 minutes’ walk from Cadillac metro station. Close to schools, health services, grocery stores, public transit, parks, bike paths, shops and major roadways.

A property offering accessibility, comfort and investment potential in a peaceful, established neighborhood.

Built on a lot of approximately 4,200 sq. ft., the building offers approximately 3,492 sq. ft. of living space spread over 3 levels, with no adjoining neighbor.

BUILDING AND UNITS

4 units: 2 x 5½ and 2 x 2½
Electric heating with individual control in each room
Basement: terrazzo and vinyl flooring
Ground floor: hardwood floors and ceramic in bathroom
2nd floor: floating floors and ceramic
Unit 3122 includes a powder room in addition to the full bathroom
Laundry and storage areas
Common laundry room serving the 2 basement units
Large 12 ft x 7.5 ft balconies overlooking the yard and pool

IMPROVEMENTS

Roof with elastomeric membrane redone in 2017
Building water main replaced in 2018, according to new standards
Doors and windows replaced

INCOME AND OCCUPANCY

Both 2½ units are rented on a monthly basis:
Unit A: $860/month
Unit B: $960/month
Total income: $1,820/month, or $21,840/year

Both 5½ units, namely 3120 (ground floor) and 3122 (2nd floor), are currently occupied by the owner and his son in a multigenerational arrangement. These two units will be made available to the buyer by agreement between the parties.

NATURAL GAS
Natural gas supplies one of the 2 basement water heaters, as well as the fireplace and stove in unit 3120 and the fireplace in unit 3122.

YARD AND EXTRAS

Parking for 2 vehicles side by side
Pre-existing electrical installation for electric vehicle
12 ft x 23 ft above-ground pool, heated by heat pump
Large adjacent deck
Yard fully fenced in 2023 with low-maintenance materials
Electrical service/outlet for pool
Kohler 26K natural gas generator, with inverters, installed on concrete base

3122: HydroSolution electric water heater — $16.95/month, or $33.89 every 2 months, taxes included. 3120 + apts. A and B: Énergir gas water heater — $31.39/month, taxes included. (Contract attached)

A complete and up-to-date logbook of renovations and maintenance will be made available to the prospective buyer. Please note that the historical list does not include all labor costs or the cost of the basement terrazzo floors. Supporting invoices for amounts recorded in the maintenance logbook can be provided upon request.

A prime property for owner-occupant, multigenerational family or investor, offering existing income, generous spaces, significant improvements and an exceptional yard close to the metro.

Inclusions

Appliances, Window coverings