7587 Av. Champagneur,
Montréal (Villeray/Saint-Michel/Parc-Extension), H3N2K1

Description of the property for sale

Introducing 7587 Av. Champagneur to the market--a solid, fully-bricked quadruplex built in 1959, situated on a sought-after residential street in Park Ex. and known for its family-oriented neighbourhood, renowned vibrant multicultural community and active local life. All amenities and services are walkable, with quick highway access to the 15 and 40. This building is a great investment with potential for value appreciation and revenue generation. Whether expanding your real estate portfolio or seeking an owner-occupied opportunity, this property offers an amazing chance to own in a prime location! Call to schedule your visit today!

Welcome to 7587 Av. Champagneur, nestled in a PRIME LOCATION of Park Extension. This 4-unit, fully bricked building constructed in 1959 sits on a quiet residential street within a vibrant, family-friendly neighbourhood, reputable for its multicultural vibe, strong community involvement and convenient services.

The property is conveniently located within walking distance of local elementary and secondary schools, parks, grocery stores, medical clinics, pharmacies, a renowned bakery, restaurants and coffee shops; public transportation options include buses, subways and trains. Quick and easy access to shopping centers, highways 40 and 15 ensures efficient travel through Montreal and Laval. Downtown can be reached in 30 minutes by bus and 15 minutes by car.

Each apartment is individually equipped with electric heating, a water tank; tenants pay their own heating, electricity, hot water and wi-fi. Operating expenses are limited to taxes, insurance and routine maintenance.

OFFERS:
* Excellent tenant retention due to the abundance of services nearby
* Constant income from four occupied units
* Robust construction with low maintenance
* Minimum expenses
* Significant potential for rental growth

BUILDING RENOVATIONS: Over the years;
* Replaced windows, front and back
* Replaced railings on balconies in aluminum, fibreglass bases and soffits were replaced, front and back
* Replaced exterior staircase, back of the building
* Bricks were re-pointed, front and back
* Electrical panel updated in all apartments, including the common area
* Painted the common stairwell

Perfect for a long-term investment, it delivers predictable returns with much room to grow!

Whether you are expanding your investment portfolio or looking for a smart home ownership opportunity, call today for more information and to schedule your visit!

Included: All items with installations of a permanent nature.

Excluded: The personal property of the tenants.