Quintuplex for sale, Montréal (Ville-Marie)
2151-2159, Rue Parthenais
Located at 2152-2159 rue Parthenais, this well-maintained corner 5-plex offers strong and stable revenues of approximately $87,000 annually and is situated in one of the most in-demand sectors of Ville-Marie, downtown Montréal, near the Jacques-Cartier Bridge.
The property consists of:
4 x 3½ apartments
1 x 6½ apartment, including basement space
Three (3) of the five (5) units have been fully renovated, with excellent upside remaining through the renovation of the 6½ unit, allowing for further revenue optimization. Most units include new appliances, as well as private washers and dryers, offering strong tenant appeal and low management intensity.
The original lot has been subdivided into two separate cadastral lots. The adjacent rear land is ready for development and approved for the construction of a new four-plex. The land is listed under Centris #26647587 and must be sold together with the 5-plex as part of the same transaction.
Ideally located near public transit (metro), major highways, downtown amenities, and services, this property benefits from exceptional accessibility and consistent rental demand.
An excellent opportunity for an investor seeking a turnkey asset with immediate cash flow, future development potential, and minimal management headaches in a high-growth urban market.
About this property
Located at 2152-2159 rue Parthenais, this well-maintained corner 5-plex offers strong and stable revenues of approximately $87,000 annually and is situated in one of the most in-demand sectors of Ville-Marie, downtown Montréal, near the Jacques-Cartier Bridge.
Sale with exclusion(s) of legal warranty - See listing broker(s).
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