7044 Av Papineau - Apartments FOR SALE


Montréal, QC H2E 2G5
$5,100,000 CAD
514-963-8718
7044 Av Papineau, Montréal, QC for Sale
$5,100,000 CAD
Apartments - FOR SALE
1/2
null | 4.01% Cap Rate

7044 Av Papineau
Montréal, QC H2E 2G5


HIGHLIGHTS

  • 27 units with diverse layouts
  • 170 meters from Fabre metro
  • Recent updates and improvements
  • 450 meters from Jean-Talon hospital

OVERVIEW

This strategically located building in Rosemont features 27 units, including 17 x 3.5, 2 x 2.5, and 8 x 1.5 apartments, offering great rental potential. Situated between Jean-Talon Street and Bélanger Street, it is just 170 meters from the Fabre metro station and 450 meters from the Jean-Talon hospital, providing excellent access to public transport and amenities. The building has undergone significant recent updates and improvements. Heating and hot water are currently at the owner's expense. With 13 unused parking spaces and substantial potential for optimization, this property presents a lucrative opportunity for investors.

FOR SALE DETAILS

PRICE

$5,100,000 CAD

PRICE/SF

$383 CAD /SF

# OF UNITS

27

PRICE/UNIT

$188,889

CAP RATE

4.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1966

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,560 SF

ZONING

-

APN/PARCEL ID

3792331

ASK ABOUT THIS PROPERTY

Azamat KarPMMLMore Info
514-963-8718

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Azamat KarPMMLMore Info
514-963-8718

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