4161 41E Rue - Multi-Family FOR SALE


Montréal, QC H1Z 1S5
$1,599,000 CAD
514-333-3000

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$1,599,000 CAD
Multi-Family - FOR SALE
null | Request Cap Rate

4161 41E Rue
Montréal, QC H1Z 1S5


HIGHLIGHTS

  • Stable occupancy featuring long-term, reliable tenants generating a predictable cash flow.
  • Low operational costs due to tenant-paid utilities, enhancing net returns
  • Situated in the growing Saint-Michel neighborhood with strong rental demand and proximity to urban amenities.

OVERVIEW

This 8-unit apartment building presents an outstanding opportunity for investors seeking a stable income-producing asset in the Saint-Michel neighborhood of Montréal. Comprising eight spacious 4½ units, the property operates with electric heating costs paid directly by tenants, effectively reducing overall operating expenses. The building features a solid rental track record with reliable, long-term tenants, making it a strong choice for those looking to expand their investment portfolio with minimal management challenges. The property benefits from its prime location, within walking distance of public transportation, primary and secondary schools, and just minutes from parks, supermarkets, and major highways. This accessibility ensures enduring tenant demand and positions the asset for long-term growth. Constructed in 1957, the building has been well-maintained and offers potential for incremental improvements to drive rental income higher over time. This acquisition provides a balanced combination of income stability and value-add potential in a highly sought-after Montréal submarket. Investors can capitalize on consistent cash flow today with opportunities for appreciation and optimization in the future.

FOR SALE DETAILS

PRICE

$1,599,000 CAD

PRICE/SF

$417 CAD /SF

# OF UNITS

8

PRICE/UNIT

$199,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,839 SF

ZONING

Residential/Commercial

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 Notice.