Triplex for sale

101 Rue Cousineau, Gatineau (Gatineau), Outaouais

$549,900
101 Rue Cousineau
Gatineau (Gatineau)
Type
Triplex
Bedrooms
2
Living area
193.8 MC
Bathrooms
1
MLS® 18816686

Property description

Rare opportunity for investors: income property located at 101 Rue Cousineau in Gatineau, occupied by excellent tenants. Since its acquisition in 2011, several major improvements have been completed: all windows replaced except one, entrance doors and patio doors, renovated kitchens, exterior staircase, fiberglass balconies, aluminum railings, and new gutters. A well-maintained building offering stability, potential, and peace of mind.

Details

Highway, Cegep, Hospital, Park - green area, Elementary school, High school, Public transport

School taxes $380
Municipal Taxes $5,090
Other rental $98
Bedrooms 2
Bathrooms 1
Number of rooms 6
Living area 193.8 SM
Items excluded in the sale Blinds, curtains, and curtain rods belonging to the tenants. All tenants' personal belongings.
Dimension of the front of the building 7.56 M
Dimension of the depth of building 12.94 M
Land area 349.4 SM
Dimension of the front of the land 12.84 M
Dimension of the depth of the land 27.21 M
Year built 1992
Municipal assessment (land) $129,300
Municipal assessment (building) $385,900
Municipal assessment (total) $515,200
Assessment year 2022
Number of stories 2
Area of ​​the building 293.48 SM
Potential gross revenue $36,960
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Foundation Poured concrete
Rental appliances Water heater
Parking Outdoor
Sewage system Municipal sewer
Zoning Residential
Welcome to 101 Rue Cousineau, an income property offering a
sought-after combination of rental stability, consistent
upkeep, and a Gatineau location. The building is occupied
by excellent tenants, an important advantage for an
investor looking to acquire an already well-established
asset.
Since its acquisition in 2011, the owners have made several
significant improvements that contribute to the property's
durability, comfort, and value. All windows have been
replaced, with the exception of one, improving the
efficiency, overall appearance, and quality of occupancy of
the units. The entrance doors and patio doors have also
been replaced, adding a fresh and functional touch to the
spaces.
The kitchens have been renovated, an important feature in a
rental building as they directly influence the appeal of
the units and tenant satisfaction. The bathtub in the
3rd-floor unit has also been replaced, reflecting attentive
and ongoing maintenance over the years.
Outside, several major improvements were completed to
enhance the building's safety, durability, and maintenance.
The exterior staircase was replaced, along with fiberglass
balconies and aluminum railings, materials appreciated for
their strength and low maintenance. New gutters were also
installed, contributing to better water management around
the building.
This property represents a great opportunity for a buyer
seeking a well-maintained building, with important
components already improved and quality rental occupancy.
Whether to strengthen a real estate portfolio or to make a
first acquisition in residential investment, 101 Rue
Cousineau offers a solid and reassuring foundation.

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