Sixplex for Sale - 7453 Pie-IX, Montreal

An exceptional investment opportunity in a rapidly expanding area of Montreal. This sixplex, located on Pie-IX Boulevard, offers attractive rental income potential, making it ideal for both novice and seasoned investors.

Property Features:

Address: 7453 Pie-IX, Montreal, QC.
Property Type: Residential Sixplex.
Number of Apartments: 6 units, each a 3 1/2.
Condition of Units: 3 out of the 6 apartments have been recently renovated, offering modern comfort while retaining the property's original charm.
Living Space: Each unit features a well-designed and bright living area, perfect for tenants seeking a practical and well-located residence.
Investor Advantages:

Solid Rental Income: This sixplex enjoys an excellent occupancy rate with stable rental income. Recent renovations in half of the units allow for increased rent, optimizing overall returns.
Strategic Location: Situated on the main artery of Pie-IX, this property is close to essential services, public transportation, shops, and approximately a 15-minute walk from the new metro station, ensuring a consistent demand from renters.
Value-Add Potential: With three renovated units, there is significant potential to add value by renovating the remaining three apartments, which could substantially increase the property's value and rental income.
Flexibility for Investors: This property is suitable for both beginner and seasoned investors, offering relatively simple management and attractive returns.
Conclusion: This sixplex presents a rare opportunity to acquire a well-located property with strong income potential. Whether you're a first-time investor looking to take your first steps in real estate or an experienced investor seeking a strategic addition to your portfolio, this property is worth your attention.