$798,000
7 Rue Montpetit
Gatineau (Hull)
Gatineau (Hull)
Type
N/A
Bedrooms
N/A
Living area
3700 PC
Bathrooms
N/A
MLS® 11740964
Property description
Highly profitable turnkey triplex. Monthly income of $7,250. Features two one-bedroom units and one nine-bedroom unit. Virtually no vacancies. Clean and well-maintained common areas, including on-site laundry facilities. Ideally located near Hull Hospital, colleges, universities, and public transit to Ottawa, ensuring strong demand year-round. With a high capitalization rate, low expenses, and immediate income upon purchase, this property is truly a rare gem on today's market.
Details
Located near
Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path
Taxes and expenses
| School taxes | $447 |
| Municipal Taxes | $6,157 |
| Insurance | $5,548 |
| Energy cost | $11,311 |
Building and interior of the property
| Living area | 3700 SF |
| Items included in the sale | 2 stoves, 9 refrigerators, 5 microwave ovens, all furniture, including beds and bedding, washer, dryer, 2-seat leather sofa, Lazyboy armchair, heater and television of the grand apartment, heater in bedroom 10, snow blower, boiler for heating, outdoor she |
| Items excluded in the sale | All boarders' personal belongings. |
| Dimension of the front of the building | 54 F |
| Dimension of the depth of building | 64 F |
| Land area | 8000 SF |
| Dimension of the front of the land | 79 M |
| Dimension of the depth of the land | 100 M |
| Year built | 1910 |
| Municipal assessment (land) | $285,100 |
| Municipal assessment (building) | $375,600 |
| Municipal assessment (total) | $660,700 |
| Assessment year | 2025 |
| Number of stories | 2 |
| Irregular building | Yes |
| Area of the building | 1850 SF |
| Potential gross revenue | $87,000 |
| Driveway | Asphalt |
| Water supply | Municipality |
| Heating energy | Electricity, Natural gas |
| Siding | Brick, Stucco |
| Bathroom / Washroom | Seperate shower |
| Available services | Laundry room, Fire detector |
| Basement | 6 feet and over |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Roofing | Asphalt shingles |
| Zoning | Residential |
Addendum
| PROPERTY DESCRIPTION |
| Very large 743.2 square metre lot (8,000 square feet). |
| The original building, built in 1910, comprises 3 bedrooms |
| on the ground floor, 6 bedrooms upstairs, 2 kitchens, |
| laundry room plus bathrooms. |
| An adjoining two-apartment, one-bedroom annex (duplex) was |
| built in 1988. |
| Heating (gas, electricity), Vidéotron Internet, laundry |
| room and 7 parking spaces plus a shed for the 1988 portion |
| are included for the tenants. |
| Includes a 50-gallon gas water heater annex). |
| POSSIBILITY OF INCREASING THE INCOME |
| There is potential to increase revenues to $90,000 or more |
| through rental of parking spaces and coin-operated |
| washer/dryers. |
| Revenues could be further increased considerably by |
| converting the entire 1910 building into 4 or 5 bachelor |
| apartments. |
