4161 41E Rue 8 Unit Apartment Building Offered at $1,599,000 CAD Montréal, QC H1Z 1S5

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.