$1,199,000
350 Rue Laviolette
Gatineau (Gatineau)
Gatineau (Gatineau)
Type
Quintuplex
Bedrooms
1
Living area
2288 PC
Bathrooms
1
MLS® 22453886
Property description
Fiveplex for Sale -- Exceptional Investment Opportunity! Investors, don't miss this rare chance to acquire a high-performing income property with solid, predictable returns. Property Type: Residential Fiveplex Internal Rate of Return (IRR): 26% over 5 years Cash-on-Cash Return: 6% annually Stable rental income & strong long-term growth potential This well-maintained fiveplex is located in a high-demand area, ideal for optimizing your real estate portfolio. It already generates attractive rental income and offers excellent appreciation potential in the medium and long term.
Details
Located near
Park - green area, Elementary school, Bicycle path, Daycare centre
Taxes and expenses
| School taxes | $424 |
| Municipal Taxes | $5,705 |
| Administration fees | $1,916 |
| Other rental | $600 |
| Maintenance / Repairment | $2,750 |
| Energy cost | $3,832 |
| Insurance | $5,124 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 2288 SF |
| Items included in the sale | Stove, fridge in apartments, all hot-water tanks, washer and dryer ($$$) (shared) |
| Dimension of the front of the building | 7.98 M |
| Dimension of the depth of building | 13.47 M |
| Land area | 4999 SF |
| Dimension of the front of the land | 15.24 M |
| Dimension of the depth of the land | 30.48 M |
| Year built | 1965 |
| Municipal assessment (land) | $216,100 |
| Municipal assessment (building) | $415,800 |
| Municipal assessment (total) | $631,900 |
| Assessment year | 2024 |
| Number of stories | 2 |
| Potential gross revenue | $81,720 |
| Driveway | Asphalt |
| Cupboard | Melamine |
| Heating system | Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Windows | PVC |
| Foundation | Concrete block |
| Siding | Brick, Stone |
| Available services | Laundry room |
| Basement | 6 feet and over, Finished basement |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Sliding, Crank handle |
| Roofing | Asphalt and gravel |
| Topography | Flat |
| Zoning | Residential |
