$525,000
516 Rue du Progrès
Gatineau (Masson-Angers)
Gatineau (Masson-Angers)
Type
Duplex
Bedrooms
2
Living area
2013.92 Square Feet
Bathrooms
1
MLS® 10676577
Property description
WOW! - An excellent opportunity for an investor or future owner-occupant! A recently built duplex located in a family-friendly neighborhood, close to amenities and Highway 50. Current income exceeds $38,000, with ongoing potential for optimization. The main unit spans two floors, offering the possibility of adding extra bedrooms or a family room in the basement (buyer to verify). Large lot with backyard access. One of the best Gross Rent Multiplier (GRM) ratios for a modern duplex in the entire Outaouais market! Don't miss out!
Details
Located near
Elementary school, Highway
Taxes and expenses
| Municipal | $3,450 |
| School | $400 |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 4 |
| Living area | 2013.92 Square Feet |
| Items included in the sale | Water heater (2) |
| Items excluded in the sale | Appliances and tenants' personal belongings |
| Land area | 477 |
| Dimension of the front of the land | 14.02 |
| Dimension of the depth of the land | 34.02 |
| Year built | 2008 |
| Municipal assessment (land) | $104,800 |
| Municipal assessment (building) | $320,700 |
| Municipal assessment (total) | $425,500 |
| Assessment year | 2026 |
| Potential gross revenue | $38,256 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Basement | 6 feet and more |
| Distinctive features | Detached |
| Driveway | Asphalt, Double width or more |
| Foundation | Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Landscaping | Fenced |
| Parking | Driveway, Garage |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Brick, Vinyl |
| Topography | Flat |
| Water supply | Municipality |
| Window type | Casement, French door, Sliding |
| Windows | PVC |
Addendum
| + 2 independent hydro meters + GIM ratio under 14! + Spacious units; the main unit features 2 bedrooms upstairs, with the potential to add 1 or 2 more in the basement (subject to verifying window compliance) |
