4160 41E Rue - Apartments FOR SALE


Montréal, QC H1Z 1S4
$1,780,000 CAD
514-333-3000
4160 41E Rue, Montréal, QC for Sale
$1,780,000 CAD
Apartments - FOR SALE
1/1
null | 5.38% Cap Rate

4160 41E Rue
Montréal, QC H1Z 1S4


HIGHLIGHTS

  • Fully leased 8plex with all 4½ units rented
  • Tenants pay their own utilities, reducing landlord expenses
  • Strong rental demand in a revitalizing Saint-Michel neighborhood

OVERVIEW

Located in the heart of Saint-Michel, one of Montréal’s most accessible and evolving neighborhoods, 4160 41e Rue presents a compelling investment opportunity for buyers seeking stable income and low-maintenance operations. This fully leased 8-unit plex features all 4½ units, each occupied by tenants responsible for their own utilities—streamlining management and enhancing net returns. The building sits on a 330 m² lot and was constructed in 1958, offering a solid structural foundation with aluminum windows and sliding window types. With a projected gross income of $95,700 annually as of July 1st, this asset delivers immediate cash flow and long-term upside in a submarket known for its strong rental demand. Strategically positioned near major highways, public transit including the Saint-Michel train station, and a wide range of amenities such as grocery stores, schools, and daycare centers, the property benefits from excellent connectivity and tenant appeal. The area is undergoing steady revitalization, making it a prime location for long-term multifamily investment.

FOR SALE DETAILS

PRICE

$1,780,000 CAD

PRICE/SF

$251 CAD /SF

# OF UNITS

8

PRICE/UNIT

$222,500

CAP RATE

5.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,552 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tim NgoRe/Max 3000 Inc.More Info
514-333-3000

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Tim NgoRe/Max 3000 Inc.More Info
514-333-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.