Prime 6-Plex Investment Opportunity, across from major
hospital.
-- 685 16e Avenue, Lachine (Montréal), QC | $1,650,000
Nestled in the charming and highly sought-after borough of
Lachine, just steps from the vibrant waterfront, parks, and
the bustling Providence sector, this solid brick 6-unit
building offers the perfect blend of stability, cash flow,
and future upside.Rare unit mix ideal for families and
professionals:1 × spacious 3½
4 × generous 4½
1 × expansive 5½
Turnkey revenue with growth potential:Three units
completely renovated with modern finishes, new kitchens,
bathrooms, flooring, and windows -- two of these are
already leased at strong market rents.
Three well-maintained original units occupied by long-term,
reliable tenants (two 4½ and one 5½), providing immediate
and stable income.
Excellent tenant profile and low vacancy history.
Separate entrances and plenty of natural light
Highly desirable location: walking distance to the parks,
schools, grocery stores, cafés, and public transit
Separate hydro meters (tenants pay their own electricity)
Significant value-add potential through progressive
renovation of the remaining units
Windows= horizontal slider windows. The exterior
doors consist of metal insulated doors.
Roof= flat roof covering of the building is of TPO
membrane. Installed in 2019.
Plumbing= Copper pipes Cast iron waste pipes.
Electrical= breaker boxes copper wires.
Heating systems= baseboards no Common electrical panel
Whether you're an experienced investor looking to add a
cash-flowing, low-maintenance asset to your portfolio or a
buyer considering owner-occupation while collecting rent
from the other five units, this property checks every box.A
rare find in one of Montréal's most stable and appreciated
rental markets.
Priced at $1,650,000 Contact us today for financials, rent
roll, and to schedule your private visit!
Appareils électroménagers dans les logements rénovés, chauffe-eau, luminaires.