Gatineau (Hull)
Property description
Investment opportunity: 5-plex comprising 4 one-bedroom units and 1 three-bedroom unit. Current gross annual income of approximately $51,720. All units are currently rented, ensuring rental stability. Three of the units are rented on a monthly basis. Heating is paid by the owner. The building will require some attention, ideal for investors looking to add value and optimize medium-term returns.
Details
Located near
Highway, Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, University, Daycare centre
Taxes and expenses
| School taxes | $453 |
| Municipal Taxes | $6,244 |
| Energy cost | $5,408 |
Building and interior of the property
| Living area | 2855 SF |
| Items included in the sale | Gas boiler, 5 water heaters, shed. |
| Land area | 6531 SF |
| Year built | 1958 |
| Municipal assessment (land) | $218,500 |
| Municipal assessment (building) | $485,200 |
| Municipal assessment (total) | $703,700 |
| Assessment year | 2022 |
| Number of stories | 2 |
| Potential gross revenue | $51,720 |
| Driveway | Asphalt, Double width or more |
| Heating system | Radiant |
| Water supply | Municipality |
| Heating energy | Natural gas |
| Windows | Wood |
| Foundation | Concrete block |
| Siding | Brick, Vinyl, Stone |
| Available services | |
| Basement | 6 feet and over, Finished basement |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Sliding, Crank handle |
| Roofing | Asphalt shingles |
| Topography | Flat |
| Zoning | Residential |
Addendum
| An investment opportunity with existing income and |
| potential for optimization. For savvy investors! |
| - Five (5) unit building. |
| - Layout: four (4) 1-bedroom units and one (1) 3-bedroom |
| unit. |
| - All units are currently rented, ensuring rental |
| stability. Three of the units are rented on a monthly basis. |
| - Current gross annual income: $51,720. |
| - The owner pays the heating costs. |
| - Electricity is paid by the tenants (4/5). |
| - Building requires some attention and updates. |
| - Potential for income optimization in the medium term. |
| - Ideal for investors looking for a value-added project. |












































