8040, Av. Bloomfield

Unit 1: one 3½ apartment
Units 2, 3 and 4: three 4½ apartments (1100SQFT+-)

The property generates established rental income and all units are currently leased. Visits to the apartments shall be permitted only following the acceptance of a promise to purchase.
According to the information available, several improvements were completed in approximately 2013--2014, including the replacement or upgrading of the plumbing, electrical and heating systems, as well as the replacement of the main sewer line connecting the property to the municipal system. The former oil-fired heating system was replaced with a natural-gas system, and the above-ground oil tank located beneath the rear terrace was emptied, removed and disposed of by a specialized company. The flat roof membrane was reportedly installed in 2014.

Architectural plans were prepared for a rear residential extension of approximately 600 square feet per level. The proposed project contemplated an expansion of the existing building and the potential creation of additional residential units. Copies of the architectural plans are available. Any redevelopment, extension or addition of approximately three to four units shall be subject to the buyer's own verifications and to obtaining all required permits and approvals from the municipality and other competent authorities.

The buyer shall verify the feasibility, permitted use, number of additional units, construction requirements, costs and applicable municipal regulations to the buyer's complete satisfaction.