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Listed by Jeanrémy Boulet-Giroux
$ 1,099,000
Est. payment /mo
Active
6366 -6372 Rue De Normanville Montréal (rosemont/la Petite-patrie), QC H2S2B6
3 Beds
1 Bath
3,300 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $333
MLS Listing ID 17884726
Style Attached
Bedrooms 3
Year Built 1925
Lot Size 2,252 Sqft
Property Description
Well-located quadruplex with full third floor in sought-after La Petite-Patrie, near Beaubien metro, Père-Marquette Park and Saint-Hubert Street. Potential gross income of $60,500 with immediate owner-occupancy possibility thanks to a vacant unit. Excellent revenue optimization potential. Major upgrades include balconies and staircases (2023), renovated kitchen/bathroom in unit 6368 (2021), electrical conversion from gas heating, upgraded panels and wiring. Peaceful green alley and highly desirable family-friendly neighborhood. Very competitive price for the area.
Located in the highly sought-after La Petite-Patrie neighborhood of Montreal, this rare quadruplex with a full third floor presents an outstanding investment opportunity combining strong upside potential, long-term stability and an exceptional urban lifestyle. The property includes a spacious 5-bedroom-style unit with basement, two 3½ units and another large 5½ configured as two bedrooms including one oversized double room. Potential gross annual income of $60,500 with immediate optimization opportunity thanks to a vacant unit that can either be owner-occupied or renovated and rented at current market value.
Several important improvements have been completed over the years, including exterior staircases and balconies redone in 2023, renovated kitchen and bathroom in unit 6368 in 2021, full conversion from gas heating to electric heating in 2025, upgraded electrical panels and exterior wiring, complete rewiring of unit 6368, front foundation work and replacement of front basement windows. The basement offers over 6 feet of clearance, adding valuable usable space.
The property also stands out for its prime location near the Saint-Hubert promenade, the Parc Père-Marquette, schools, shops, cafés and only a short walk from the Beaubien metro station on the Montreal Metro network. The green alleyway creates a peaceful, family-friendly environment with virtually no traffic -- a highly desirable feature in the area.
Offered at a highly competitive price representing approximately 18.2x the potential gross revenue, below many comparable properties currently on the market, this is an excellent long-term investment opportunity in one of Montreal's strongest rental sectors.
Note that the ground-floor tenant (6366) mentioned she is willing to move to the vacant unit 6372 by September 1st, for a monthly rent of $750 (potentially negotiable).
Located in the highly sought-after La Petite-Patrie neighborhood of Montreal, this rare quadruplex with a full third floor presents an outstanding investment opportunity combining strong upside potential, long-term stability and an exceptional urban lifestyle. The property includes a spacious 5-bedroom-style unit with basement, two 3½ units and another large 5½ configured as two bedrooms including one oversized double room. Potential gross annual income of $60,500 with immediate optimization opportunity thanks to a vacant unit that can either be owner-occupied or renovated and rented at current market value.
Several important improvements have been completed over the years, including exterior staircases and balconies redone in 2023, renovated kitchen and bathroom in unit 6368 in 2021, full conversion from gas heating to electric heating in 2025, upgraded electrical panels and exterior wiring, complete rewiring of unit 6368, front foundation work and replacement of front basement windows. The basement offers over 6 feet of clearance, adding valuable usable space.
The property also stands out for its prime location near the Saint-Hubert promenade, the Parc Père-Marquette, schools, shops, cafés and only a short walk from the Beaubien metro station on the Montreal Metro network. The green alleyway creates a peaceful, family-friendly environment with virtually no traffic -- a highly desirable feature in the area.
Offered at a highly competitive price representing approximately 18.2x the potential gross revenue, below many comparable properties currently on the market, this is an excellent long-term investment opportunity in one of Montreal's strongest rental sectors.
Note that the ground-floor tenant (6366) mentioned she is willing to move to the vacant unit 6372 by September 1st, for a monthly rent of $750 (potentially negotiable).
Location
Province QC