Gatineau (Gatineau)
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 |