$1,378,800
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. App #2 will be vacant at possession date. 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 | $78,600 |
| 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 |
