RARE OPPORTUNITY | EXCEPTIONAL FIVEPLEX | $81,727 ANNUAL GROSS INCOME

An outstanding opportunity to acquire a well-maintained income property offering the perfect balance of strong cash flow, long-term value and exceptional quality. Located in the highly desirable Mercier--Hochelaga-Maisonneuve neighbourhood, 8245 Rameau Street is an investment designed to stand the test of time.

Carefully maintained throughout the years, this property benefits from stable long-term tenants and low operating expenses. Tenants pay their own electricity and heating costs, snow removal is covered by the main-unit tenant, and additional yearly income is generated through the rental of the storage shed. An efficient management structure that helps maximize returns.

The property's signature feature is the impressive two-storey main residence, offering the comfort and spaciousness of a detached home. It features four bedrooms, a family room, a powder room, a beautifully renovated bathroom with a separate glass shower and bathtub, an attached garage with interior access, outdoor parking and a private backyard with no rear neighbours--a highly sought-after feature in Montréal.

The remaining four apartments are oversized one-bedroom units (4½) featuring a rare double living room layout, providing flexible space for a home office, reading area or additional living space. Every unit enjoys abundant natural light, front and rear balconies, and generous floor plans that continue to attract quality tenants.

Perfectly located on a quiet residential street just steps from a neighbourhood park, the property is close to schools, daycare centres, grocery stores, restaurants, pharmacies, public transit, bike paths, Place Versailles, Galeries d'Anjou, Highways 25 and 40, as well as the Louis-Hippolyte-La Fontaine Tunnel, providing quick access to downtown Montréal and the South Shore.

Highlights

* $81,727 annual gross income
* Stable long-term tenants
* Excellent investment opportunity
* Low operating expenses
* Spacious two-storey main residence
* Attached garage and outdoor parking
* Private backyard with no rear neighbours
* Natural gas forced-air heating (main residence)
* Front and rear balconies for every apartment
* Oversized apartments with flexible layouts
* Quiet, highly desirable neighbourhood
* Close to all services and major transportation routes

Income properties combining this level of cash flow, quality, location and long-term appreciation potential are becoming increasingly difficult to find in Montréal. An opportunity not to be missed.