534 Av. Birch, Saint-Lambert, QC J4P

PROPERTY DETAILS

534 Av. Birch
Saint-Lambert, QC J4P

MLS: 20021305

$1,590,000

 3 BEDS

 1 BATHS

0 Powder Rooms

1955 YEAR BUILT

Description

Dream location! Beautiful duplex in Saint-Lambert offering exceptional potential for increased revenue. The first unit, a 4 1/2, is renting for $1,660/month, the second is a spacious 5 1/2, available to the buyer, with central air conditioning and heated bathroom floors, and the third, a 5 1/2 with air conditioning, is renting for $2,350/month. Recent renovations include a new roof and a redone sewer inlet. Ideally located near Victoria Street, the train station, parks, and schools, this building is an exceptional investment opportunity!

Stunning Revenue Triplex Property with Impressive Income Potential! An exceptional investment opportunity awaits you in the heart of a vibrant neighborhood! This revenue-generating triplex offers a chance to own a fully renovated, high-income property, with the potential to earn over $78,000 annually. The current rental income stands at an impressive $48,120 per year, as the main home is conveniently free for the buyer to occupy or lease out. Whether you're looking to expand your portfolio or seeking a fantastic place to live with income-producing units, this property delivers on all fronts. Key Highlights: Annual Income Potential: Earn over $78,000 annually, with current rental income at $48,120. Fully Renovated Units: Each unit has undergone significant updates in recent years, ensuring modern amenities and top-tier quality. Unit Details: Unit 1: Spacious 4.5-bedroom unit, currently leased for $1,660 per month. Unit 2: Generously sized 5.5-bedroom unit, vacant for owner occupancy, featuring central air conditioning and heated bathroom floors. Unit 3: Stylish 5.5-bedroom unit with air conditioning, leased at $2,350 per month. Recent Upgrades: The roof and sewer entrance have been completely redone, along with many additional enhancements to maximize comfort and efficiency. Impressive Features: All units are equipped with modern appliances, new flooring, and updated interiors to ensure long-term tenant satisfaction. Proximity and Transportation: Ideally located within walking distance to Victoria Street, offering easy access to shops, restaurants, and local amenities. Just minutes from the suburban train station, making commuting a breeze for both tenants and owners. Close proximity to parks, sports facilities, and both elementary and high schools, making this property perfect for families and professionals alike. This exceptional triplex is not just a property; it's a long-term, income-generating asset ready to work for you! Sale without Legal Warranty of Quality at Buyer's Own Risk and Peril.

BUILDING
Type Triplex
Style Semi-detached
Dimensions 0x0
Lot Size 3465.79 PC
EXPENSES
Municipal Taxes (2025) $ 8541 / year
School taxes (2024) $ 659 / year
ROOM DETAILS
Room Dimensions Level Flooring
Hallway 4.8 x 7.8 P Ground Floor
Kitchen 10.0 x 15.3 P Ground Floor
Dining room 10.3 x 10.0 P Ground Floor
Living room 12.7 x 10.2 P Ground Floor
Primary bedroom 11.9 x 10.7 P Ground Floor
Bedroom 11.0 x 8.5 P Ground Floor
Bedroom 9.0 x 12.0 P Ground Floor
Walk-in closet 3.6 x 8.5 P Ground Floor
Hallway 15.0 x 3.0 P Ground Floor
Bathroom 9.0 x 6.5 P Ground Floor
CHARACTERISTICS
Proximity Alpine skiing, ATV trail, Bicycle path, Cegep, Cross-country skiing, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park - green area, Public transport, Snowmobile trail, University
Siding Brick
Equipment available Central heat pump, Ventilation system
Roofing Elastomer membrane
Heating system Electric baseboard units, Other
Heating energy Electricity
Sewage system Municipal sewer
Water supply Municipality
Foundation Poured concrete
Zoning Residential