627 1re Avenue, Montréal (Lachine), QC H8S

$1,099,000 | 3747 PC

4 Bedrooms
2 Bathrooms
1920
MLS: 21513609

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Residential Units

7 1/2 x 7 1/2 x 4 1/2 x 4 1/2 x 4 1/2 x 4 1/2 x 4 1/2 x 4 1/2

Potential gross revenue

$90,240

Description

Succession sale! Offered at approximately 12x gross revenue, this is an exceptionally rare opportunity. Generating $90,200 annually, the property sits on a large 6,000 sq.ft. lot and offers over 3,747 sq.ft. of living space, excluding an incredibly spacious basement. Numerous renovations over the years, including major upgrades in 2004 (windows, basement extension, and more). The main unit spans two floors with 2 kitchens, 4 bedrooms, 2 bathrooms, and 2 family rooms. Seller to install a new membrane roof at his expense. A secure, high performing investment in a prime Montreal location. Seize this opportunity!

Excluded

Tenants belongings

Municipal land valuation

$413,900

Municipal building valuation

$396,100

Addenda

BUILDING
Type	Quadruplex
Style	Detached
Dimensions	50x38 P
Lot Size	6000 PC

EXPENSES
Insurance	$ 7099 / year
Municipal Taxes (2026)	$ 5278 / year
School taxes (2026)	$ 645 / year

CHARACTERISTICS
Basement	6 feet and over, Finished basement
Driveway	Asphalt
Proximity	Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, Réseau Express Métropolitain (REM)
Heating system	Electric baseboard units
Heating energy	Electricity
Sewage system	Municipal sewer
Water supply	Municipality
Parking	Outdoor
Foundation	Poured concrete
Zoning	Residential
Rental appliances	Water heater

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