$798,000
7 Rue Montpetit
Gatineau (Hull)
Gatineau (Hull)
Type
Other
Bedrooms
N/A
Living area
3700 Square Feet
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.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Bicycle path, CEGEP, Elementary school, High school, Hospital, Park, Public transportation, University
Taxes and expenses
| Municipal | $6,179 |
| School | $447 |
| Electricity | $3,700 |
| Gas | $7,733 |
| Insurance | $5,863 |
| Other | $407 |
Building and interior of the property
| Living area | 3700 Square Feet |
| 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 shed. |
| Items excluded in the sale | All boarders' personal belongings. |
| Dimension of the front of the building | 54 |
| Dimension of the depth of building | 64 |
| Land area | 8000 |
| Dimension of the front of the land | 79 |
| Dimension of the depth of the land | 100 |
| 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 |
| Potential gross revenue | $87,000 |
| Available services | Common areas, Electricity Connected, Laundry room, Natural Gas Connected, Outdoor storage space, Sewer Connected, Water Connected, Yard |
| Basement | 6 feet and more |
| Bathroom / Washroom | Separate shower |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Heating energy | Electricity, Natural gas |
| Parking | Driveway |
| Roofing | Asphalt shingles |
| Security features | Monitored fire alarm |
| Sewage system | Municipality |
| Siding | Brick, Stucco |
| Water supply | Municipality |
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. |
