$999,900
388 Rue Lahaie
Gatineau (Gatineau)
Gatineau (Gatineau)
Type
Quadruplex
Bedrooms
2
Living area
370.9 MC
Bathrooms
1
MLS® 22350903
Property description
JUST WOW! A rare find on the market! This fourplex in downtown Gatineau offers one 2-bedroom unit and three 3-bedroom units. Generating $57,720 in income with exceptional potential for further growth. The building is meticulously maintained and boasts an unbeatable location, just steps from amenities, transportation, and services. Each tenant has their own parking space and storage unit. This sought-after building is easy to rent. A golden opportunity for investors. Don't miss this exceptional offer; contact us for a viewing!
Details
Located near
Highway, Cegep, Hospital, Elementary school, High school, Daycare centre
Taxes and expenses
| School taxes | $594 |
| Municipal Taxes | $7,132 |
| Insurance | $2,989 |
| Other rental | $640 |
| Snow removal / Lawn mowing | $2,760 |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 4 |
| Living area | 370.9 SM |
| Items excluded in the sale | Water heater is rented, some light fixtures and fans belong to the tenants. |
| Dimension of the front of the building | 10.42 M |
| Dimension of the depth of building | 17.12 M |
| Land area | 948.1 SM |
| Dimension of the front of the land | 17.98 M |
| Dimension of the depth of the land | 43.51 M |
| Year built | 1983 |
| Municipal assessment (land) | $235,000 |
| Municipal assessment (building) | $589,500 |
| Municipal assessment (total) | $824,500 |
| Assessment year | 2025 |
| Irregular building | Yes |
| Area of the building | 178.39 SM |
| Irregular land | Yes |
| Potential gross revenue | $57,720 |
| Driveway | Asphalt |
| Landscaping | Fenced |
| Heating system | Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity, Natural gas |
| Windows | PVC |
| Foundation | Concrete block |
| Siding | Stone, Vinyl |
| Basement | 6 feet and over, Finished basement |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Sliding, Crank handle |
| Roofing | Asphalt shingles |
| Topography | Flat |
| Zoning | Residential |
Addendum
| ******** JUST WOW ******** |
| Superb investment opportunity in the heart of Gatineau! |
| This solid and well-maintained fourplex offers an ideal |
| combination of rental stability and income growth |
| potential. The building includes one 2-bedroom unit and |
| three 3-bedroom units, perfect for attracting a diverse |
| tenant base and maintaining a low vacancy rate. |
| With current annual income of $57,720, this property also |
| offers significant optimization potential thanks to the |
| unit size, strategic location, and possibilities for future |
| improvements. The property has also undergone several |
| renovations over the years, including a roof replacement in |
| 2019. |
| Located in the very center of Gatineau, the building is |
| within easy reach of all amenities: schools, grocery |
| stores, public transportation, restaurants, and essential |
| services. A prime location for tenants, guaranteeing strong |
| year-round rental demand. |
| Whether you are a seasoned investor or looking to build |
| your real estate portfolio, this fourplex is a safe bet |
| that combines location, return and potential. |
