$1,199,800
175 Rue Richer
Gatineau (Hull)
Gatineau (Hull)
Type
Quadruplex
Bedrooms
N/A
Living area
2558 PC
Bathrooms
1
MLS® 21914015
Property description
WOW!!! RENOVATED 4-sided brick quadruplex with EXCELLENT profitability in a HIGH demand area! Superb opportunity for investors looking to develop their portfolio! Hydro paid by tenants, 4 meters, poured concrete foundation, washer + dryer in units 3 and 4 and shared for units 1 and 2. 2 common areas for easy access to the apartments. Parking in the rear. Roof maintenance and replacement taken care of by Testudo. New shed! Zoning 16 apartments. Act fast!
Details
Located near
Highway, Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Taxes and expenses
| Municipal Taxes | $5,845 |
| School taxes | $479 |
Building and interior of the property
| Bathrooms | 1 |
| Number of rooms | 2 |
| Living area | 2558 SF |
| Expected delay of occupancy | 30 days |
| Dimension of the front of the building | 47 F |
| Dimension of the depth of building | 27 F |
| Land area | 4999 SF |
| Dimension of the front of the land | 49 F |
| Dimension of the depth of the land | 99 F |
| Year built | 1963 |
| Municipal assessment (land) | $255,500 |
| Municipal assessment (building) | $427,600 |
| Municipal assessment (total) | $683,100 |
| Assessment year | 2025 |
| Irregular building | Yes |
| Area of the building | 1269 SF |
| Potential gross revenue | $76,260 |
| Driveway | Asphalt |
| Heating system | Hot water |
| Water supply | Municipality |
| Heating energy | Electricity |
| Windows | PVC |
| Foundation | Poured concrete |
| Siding | Brick |
| Basement | 6 feet and over, Finished basement |
| Sewage system | Municipal sewer |
| Roofing | Elastomer membrane |
| Zoning | Residential |
Addendum
| New electrical panels in all units in 2024 |
| 4 water heaters in 2024 |
| 4 renovated bathrooms |
| 4 renovated kitchens |
| Three of the four units freshly painted |
| Common area on the side freshly painted |
| Roof repaired in 2024 (Testudo) Roof under contract with |
| them. |
| Shed redone |
| 200-amp electrical input added |
| Wiring in place for electric car charging station |
