Quintuplex for sale

8 Rue Patrick, Gracefield, Outaouais

$549,900
8 Rue Patrick
Gracefield
Type
Quintuplex
Bedrooms
2
Living area
4688 Square Feet
Bathrooms
1
MLS® 18162912

Property description

Great investment opportunity in Gracefield! This well-maintained 5-unit, semi-detached style, property has been updated over the years and offers a practical, attractive layout. Each unit features 2 bedrooms, a full bathroom with washer-dryer hook-up, a spacious functional kitchen, and a bright living room with patio doors leading to a private terrace. Units are rented without heat or electricity included, and each has its own hot water tank. Large parking area and peaceful location close to Gracefield's services and amenities. An easy-to-rent property with excellent potential for investors.

Sold without legal warranty, at the risk and peril of the buyer

Details

Alpine skiing, ATV trail, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park, Snowmobile trail

Municipal $9,365
School $278
Bedrooms 2
Bathrooms 1
Number of rooms 5
Living area 4688 Square Feet
Land area 2052.2
Dimension of the front of the land 58.7
Year built 1992
Municipal assessment (land) $43,600
Municipal assessment (building) $395,000
Municipal assessment (total) $438,600
Assessment year 2026
Irregular land Yes
Potential gross revenue $46,044
Available services Electricity Connected, Water Connected, Yard
Basement Crawl space, Low (less than 6 feet)
Distinctive features Detached
Driveway Unpaved
Foundation Poured concrete
Heating energy Electricity
Heating system Electric baseboard units
Landscaping Landscaped
Laundry 1st level/Ground floor, Bathroom, In bathroom ground level
Parking Driveway, Outdoor parking
Roofing Sheet metal
Sewage system BIONEST system
Siding Aluminum
Topography Flat
Water supply Municipality
- 5-unit residential income property updated and improved over the years. - Clean and well-maintained building offering an excellent opportunity for investors. - Approximately $46,000 in annual rental income. - Units are rented without heat or electricity included. Each unit offers 2 bedrooms and 1 full bathroom with washer-dryer hook-up. - Spacious functional kitchens and generous living rooms with patio doors. - Each unit benefits from its own private outdoor terrace. - Individual hot water tank for each unit. - Large parking area accommodating multiple vehicles. - Metal roof. - Two Bionest septic systems installed approximately 10 years ago. - Property connected to the City of Gracefield municipal water system. - Located in a peaceful area close to Gracefield's shops, grocery stores, restaurants, schools, and essential services. - The surrounding area is known for its many lakes and waterways, natural surroundings, and year-round outdoor activities. - Functional rental configuration with excellent long-term potential for investors.

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