$750,000
301 Rue Laramée
Gatineau (Hull)
Gatineau (Hull)
Type
Business
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 10640203
Property description
Mixed-use 3-unit building located in the sought-after Lac des Fées, Wrightville area, offering stable and diversified income. Features a commercial unit currently operating as a convenience store with a 10-year lease in place until 2032, as well as two residential units on the upper level: one 1-bedroom apartment and one 1-bedroom apartment with an office. An excellent turnkey investment opportunity for investors seeking a property combining both commercial and residential rental income. Contact us for more information or to schedule a viewing.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Highway, Other, Public transportation
Taxes and expenses
| Municipal | $11,399 |
| School | $369 |
Building and interior of the property
| Items included in the sale | Unit #1: stove and fridge. Unit #2: stove, fridge, dishwasher, washing machine and dryer |
| Items excluded in the sale | Water heater leased from Enbridge. The central air conditioner of the building was replaced by the depanneur owner. So technically it is belonged to them and should be excluded from the sale |
| Dimension of the front of the building | 11.46 |
| Dimension of the depth of building | 14.33 |
| Land area | 380.9 |
| Dimension of the front of the land | 12.5 |
| Dimension of the depth of the land | 30.48 |
| Year built | 1901 |
| Municipal assessment (land) | $209,500 |
| Municipal assessment (building) | $283,200 |
| Municipal assessment (total) | $492,700 |
| Assessment year | 2026 |
| Irregular building | Yes |
| Available services | Natural Gas Connected, Sewer Connected, Water Connected |
| Building condition | Century |
| Business type | Convenience store |
| Distinctive features | Detached, Street corner |
| Driveway | Asphalt |
| Equipment available | Central air conditioning |
| Foundation | Poured concrete, Stone |
| Heating energy | Natural gas |
| Heating system | Forced air |
| Rental appliances | Water heater |
| Sewage system | Municipality |
| Siding | Brick, Vinyl |
| Structure type | Building |
| Water supply | Municipality |
Addendum
| Commercial Unit: Currently leased at $3,008/month. Net commercial lease in place with an expiry date in 2032. Annual rent increases indexed to the Consumer Price Index (CPI). The tenant is responsible for the following expenses: electricity, 60% of the building's gas bill, business insurance, interior and exterior maintenance, snow removal, and any expenses directly related to the operation of the business. The owner is responsible for property taxes, building insurance, structural repairs, and 40% of the gas bill. Lease providing excellent income stability and limited operating expenses for the owner. Residential Unit 1 -- 1 Bedroom: Leased at $918.75/month, all included. Residential Unit 2 -- 1 Bedroom + Office: Leased at $1,495/month. Tenant is responsible for electricity costs. Heating is included in the rent. Income: Total gross monthly income: $5,421.75 Gross annual income: $65,061 |
