2516 Rue L.-O.-David 6 Unit Apartment Building Offered at $775,000 CAD Montréal, QC H2A 1N1

This property represents a rare investment opportunity in the heart of Montréal's Saint-Michel district. The semi-commercial building integrates residential and commercial components, offering both stable rental income and future value enhancement potential. Configured as a two-story row structure, the property includes multiple residential units alongside ground-floor commercial space, creating a diversified income stream that appeals to seasoned investors.
The building is municipally serviced for water and sewer and features a brick exterior and wall-unit cooling system with electric heating. Its current annual potential gross revenue reaches $48,840, with a non-normalized net operating income estimated at $35,353, making it a strong candidate for long-term portfolio growth. Surrounded by a mixed-use neighborhood of retail, community services, and residential density, the property benefits from excellent walkability and proximity to transit, ensuring continued tenant demand and consumer traffic.