$920,000
131 Rue Papineau
Gatineau (Hull)
Gatineau (Hull)
Type
Quadruplex
Bedrooms
1
Living area
2357.29 Square Feet
Bathrooms
1
MLS® 14633845
Property description
Rare on the market! Modern building with 4 vacant units available immediately! Discover an exceptional opportunity for investors or owner-occupants: a building consisting of four 1-bedroom units, all vacant, offering maximum flexibility for renting or immediate occupancy. ANNUAL POTENTIAL INCOME OF $72,000, excellent potential profitability, centrally located in a highly sought-after area, turnkey and hassle-free. Large fenced backyard and 4 parking spaces. Located in the heart of Hull, this is a rare opportunity to acquire a property ready to generate income right away!
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Bicycle path, CEGEP, Daycare centre, Elementary school, High school, Highway, Park, Public transportation, University
Taxes and expenses
| Municipal | $4,668 |
| School | $357 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 2357.29 Square Feet |
| Items included in the sale | All appliances in the four apartments, 4 water heater |
| Land area | 268.6 |
| Dimension of the front of the land | 10.36 |
| Dimension of the depth of the land | 25.92 |
| Year built | 1902 |
| Municipal assessment (land) | $214,900 |
| Municipal assessment (building) | $284,100 |
| Municipal assessment (total) | $499,000 |
| Assessment year | 2026 |
| Potential gross revenue | $72,000 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Foundation | Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Parking | Driveway |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Vinyl |
| Water supply | Municipality |
Addendum
| - Building: 4 units, each with 1 bedroom - All units are vacant and available immediately - Renovated, modern, and move-in ready property - Estimated annual potential income of $72,000 - Excellent investment opportunity or ideal for owner-occupants!! - Turnkey building, ready to be rented immediately - Large fully fenced backyard - 4 available parking spaces - Strategic location in the heart of Hull - Close to services, shops, schools, restaurants, and public transportation - Highly sought-after area with strong rental demand - Quick possession possible |
