3702 Rue Adam, Montréal (Mercier, QC H1W

$899,000

3 Bedrooms
1 Bathrooms
1910
MLS: 26999008

Description

3702-3706 rue Adam - This property, ideally located on Adam Street in the booming HOMA neighborhood, consists of three units, each with three bedrooms. The ground-floor unit includes a 6-foot-high basement with a family room and laundry/storage space. This triplex presents an outstanding opportunity for investors. With well-maintained units featuring original charm, hardwood floors, and 9-foot ceilings, this building is ideal for those seeking stability and growth in their investment. Act quickly!

Overall, this building represents a solid opportunity for
an investor looking to benefit from the neighborhood's
continued growth and leverage its rental income potential.
All apartments feature 9-foot ceilings and hardwood floors.
The building's roof was redone in 2022.

Ground floor (3706): 3-bedroom apartment (including a
double room) with a family room and laundry/storage area in
the basement, plus direct access to the yard. The spacious
yard is fenced, surrounded by mature trees, and paved for
easy maintenance. Rented for $1,650/month until June 30,
2025.

Second floor (3704): 3-bedroom apartment (including a
double room and a bedroom with an interior window). This
unit offers laundry connections in the kitchen, a shared
front balcony, and a private rear balcony. Rented for
$1,215/month until June 30, 2025.

Third floor (3702): 3-bedroom apartment (including a double
room and a bedroom with an interior window). This unit
offers laundry connections in the kitchen and two private
balconies, one in front and one in the back. Rented for
$1,250/month until June 30, 2025.

Location: Ideally located! Walk Score of 95 and Bike Score
of 100.
* Nearby parks include Saint-Aloysius Park, Passage Valois,
and Edmond-Hamelin Park.
* Close to shops, educational/health/recreational services.
* Just a few minutes' walk to Maisonneuve Market.
* Within walking distance of the services and amenities on
Ontario Street (grocery stores, pharmacy, ATM, parks,
restaurants/cafes/bistros, trendy spots, SAQ, CLSC, etc.).
* Other neighborhood attractions easily accessible:
Botanical Garden, Maisonneuve Park, Olympic Park, Saputo
Stadium, StarCité Cinema, Pro-Gym, etc.
* A 20-minute walk to Joliette and Pie-IX Metro stations.
* Close to several bus stops.
* Just two pedals away from the bike path on Viau.
* Quick access to major highways (720, 40, 25),
Jacques-Cartier Bridge, Louis-Hippolyte Tunnel.
* Near BIXI and Communauto stations.

Show details

ROOM DETAILS
Room	Dimensions	Level	Flooring
Bedroom	7.11 x 11.3 P	Ground Floor	Ceramic tiles
Primary bedroom	10.7 x 12.0 P	Ground Floor	Wood
Walk-in closet	10.7 x 10.4 P	Ground Floor	Wood
Dining room	7.11 x 11.10 P	Ground Floor	Wood
Bedroom	10.7 x 10.1 P	Ground Floor	Wood
Living room	11.9 x 14.2 P	Ground Floor	Wood
Bathroom	7.8 x 5.4 P	Ground Floor	Ceramic tiles
Kitchen	11.9 x 9.10 P	Ground Floor	Ceramic tiles
Family room	9.1 x 19.6 P	Basement	Floating floor
Laundry room	10.5 x 10.1 P	Basement	Floating floor

BUILDING
Type	Triplex
Style	Attached
Dimensions	18.09x7.46 M
Lot Size	246.1 MC

EXPENSES
Insurance	$ 4650 / year
Energy cost	$ 938 / year
Municipal Taxes (2024)	$ 5258 / year
School taxes (2024)	$ 645 / year

CHARACTERISTICS
Landscaping	Fenced
Heating system	Space heating baseboards
Water supply	Municipality
Heating energy	Electricity, Natural gas
Foundation	Poured concrete
Siding	Brick
Proximity	Highway, Cegep, Park - green area, Elementary school, High school, Bicycle path, Daycare centre
Basement	6 feet and over, Partially finished, Other, Separate entrance
Sewage system	Municipal sewer
Window type	Sliding
Topography	Flat
Zoning	Residential
Roofing	Elastomer membrane

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