$1,465,000
89 Rue Richard
Gatineau (Hull)
Gatineau (Hull)
Type
N/A
Bedrooms
2
Living area
5838.61 PC
Bathrooms
1
MLS® 17452713
Property description
Fully rented six unit revenu property located only a few minutes from Ottawa. All windows were replaced in 2020 (excluding common spaces), the roof was replaced in 2021 and all unit have been updated over time. Clean and well maintained. Fire safety conformity is up to date (certification available upon request). Heating system was replaced with a high-efficiency boiler in 2022. Great tenants and perfectly located near public transport, many services and the highway.
Details
Located near
Highway, Cegep, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Cross-country skiing, Daycare centre
Taxes and expenses
| School taxes | $618 |
| Municipal Taxes | $8,713 |
| Insurance | $5,320 |
| Snow removal / Lawn mowing | $1,320 |
| Energy cost | $7,223 |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 4 |
| Living area | 5838.61 SF |
| Items included in the sale | 2 water heaters, 2 heat pumps (unit 1 and 4), all appliances (refrigerator, oven, dishwasher, washer and dryer) in each unit except unit #6. * Tenants of units #2 and #5 are responsible for repairs and replacement of appliances if necessary. * |
| Items excluded in the sale | Service contract: Central fire alarm system |
| Dimension of the front of the building | 49.7 F |
| Dimension of the depth of building | 40.1 F |
| Land area | 6003.03 SF |
| Year built | 1966 |
| Municipal assessment (land) | $248,000 |
| Municipal assessment (building) | $625,000 |
| Municipal assessment (total) | $873,000 |
| Assessment year | 2026 |
| Number of stories | 3 |
| Potential gross revenue | $91,080 |
| Driveway | Asphalt, Double width or more |
| Heating system | Hot water |
| Water supply | Municipality |
| Heating energy | Natural gas |
| Equipment available | Alarm system |
| Foundation | Poured concrete |
| Siding | Wood, Stone, Brick |
| Available services | |
| Basement | 6 feet and over, Finished basement |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Roofing | Elastomer membrane |
| Topography | Flat |
| Zoning | Residential |
Addendum
| - Confirmed gross revenue with the signed renewals: 87,936$; |
| - 2022: Central boiler was replaced with a high-efficiency |
| central boiler; |
| - 2021: Roof was replaced (elastomeric membrane); |
| - 2020: The balcony doors and all windows (excluding common |
| spaces) were replaced; |
| - Fire safety conformity is up to date and includes a |
| central station fire alarm (certification available upon |
| request); |
| - 6 parking spaces at the front of the building; |
| - All four façades are brick; |
| - All units are rented and renewed with yearly increase; |
| - All units were updated throughout the years, including |
| plumbing, electricity and finishes; |
| - All units are rented with hydro excluded; |
| - All units are rented with heating and hot water paid; |
| - Five units (excluding unit 6) have the appliances |
| included (fridge, oven, dishwasher, washer & dryer: unit 2 |
| and 5 are responsible for repairs or replacements of their |
| appliances); |
| - Heat-pumps are installed in units 1 & 4; |
| - Only minutes from Ottawa, a short distance from bus stops |
| and many services. |
