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Royal LePage Altitude
Real estate broker
Cellular : 514-765-0909
Office : 514-765-0909
Fax :
3684 - 3700, Rue Adam,
Montréal (Mercier/Hochelaga-Maisonneuve)
Centris No. 15011171
4 Room(s)
1 Bedroom(s)
1 Bathroom(s)
This 9-unit building, located in the booming HOMA district on Adam Street, represents an exceptional opportunity for investors. With well-maintained units, significant updates such as electrical panel replacement and recent plumbing, as well as a large rear lot offering additional development potential, this building is ideal for those seeking stability and growth in their investment. Not to miss !
Room(s) : 4 | Bedroom(s) : 1 | Bathroom(s) : 1 | Powder room(s) : 0
9 water heater
This 9-unit building located on Adam Street in the
burgeoning HOMA neighborhood offers an exceptional
opportunity for investors. With the same owner for over 35
years, it has benefited from consistent maintenance and
features attractive qualities for those seeking a stable
investment.
The units, all 4 1/2 with one closed bedroom, are
well-maintained and attract excellent tenants. The interior
layout varies slightly by floor, with different front rooms
such as corridors or stairs, while the rear rooms are
similar in all units.
The building has undergone significant updates, including
the replacement of multiple electrical panels and a
plumbing overhaul, with approximately 90% of the plumbing
changed throughout the structure. Additionally, the crawl
space is divided into 3 sections, with access hatches
located in the ground floor units.
At the rear of the property, a large courtyard offers
potential for future projects, such as the construction of
additional rental units, subject to municipal approval. The
rear shed requires a decision from the new owner regarding
its preservation, demolition, or renovation.
The all-brick construction of the building ensures
long-term durability, while the elastomeric roofing
provides additional weather protection. Overall, this
building represents a solid opportunity for an investor
looking to capitalize on the neighborhood's continued
growth and leverage its rental income potential.
Location: Ideally PERFECT!
Walk Score 95 and Bike Score 100
Nearby parks include Saint-Aloysius Park, Valois Passage,
and Edmond-Hamelin Park.
+ Close to SHOPS, EDUCATION/HEALTH/LEISURE services
+ Just a few minutes' walk from Maisonneuve Market
+ A short walk to the services and amenities of Ontario
Street (grocery, pharmacy, ATM, parks,
restaurants/cafes/bistros, trendy addresses, SAQ, CLSC,
etc.)
+ OTHER NEIGHBORHOOD ATTRACTIONS easily accessible:
Botanical Garden, Maisonneuve Park, Olympic Park, Saputo
Stadium, StarCité cinema, Pro-Gym, etc.
+ A 20-minute walk from JOLIETTE and PIE_IX METRO stations
+ Close to several BUS STATIONS
+ 2 pedals away from the BIKE PATH on VIAU
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