Quintuplex for sale

232 Rue Lavictoire, Gatineau (Gatineau), Outaouais

$799,900
232 Rue Lavictoire
Gatineau (Gatineau)
Type
Quintuplex
Bedrooms
1
Living area
2289 PC
Bathrooms
1
MLS® 22474000

Property description

Five-unit building ideally located in Gatineau, near Main and Maloney streets, next to a park and close to all amenities. Includes 4 x 1 bedroom and 1 x 3 bedrooms, with potential gross income of $61 320 per year. One unit will be vacant upon closing, perfect for an owner-occupant looking to reduce their housing costs. Sought-after area, high rental demand, and excellent potential return. A turnkey opportunity for savvy investors.

Details

Park - green area, Elementary school, Public transport, Daycare centre

School taxes $342
Municipal Taxes $4,693
Insurance $4,024
Energy cost $4,000
Bedrooms 1
Bathrooms 1
Number of rooms 3
Living area 2289 SF
Expected delay of occupancy 45 days
Items included in the sale 90-gallon mazout water heater, APARTMENT 5: refrigerator, stove, dishwasher, washer, and dryer. APARTMENTS 1, 2, 3, 4: refrigerator, stove, mazout furnace, oil tank.
Items excluded in the sale All tenants' personal belongings
Land area 4603 SF
Year built 1951
Municipal assessment (land) $178,500
Municipal assessment (building) $337,100
Municipal assessment (total) $515,600
Assessment year 2022
Number of stories 2
Potential gross revenue $60,120
Cupboard Melamine
Heating system Air circulation
Water supply Municipality
Heating energy Heating oil
Windows PVC
Foundation Concrete block
Garage Attached, Single width
Siding Vinyl
Basement Finished basement
Parking Outdoor, Garage
Sewage system Municipal sewer
Roofing Asphalt shingles
Topography Flat
Zoning Residential
- 5-unit residential building (4 x 1 bedroom and 1 x 3
bedrooms)
- Potential gross income: $61 320/year
- One unit vacant at time of possession, ideal for
owner-occupant
- Oil-fired central heating system
- Electricity paid by tenants
- 1 attached single garage
- Outdoor parking spaces available
- Building well maintained over the years
- Stable rental clientele
- Excellent profitability and potential for income
optimization
- Located near Main and Maloney streets
- Next to a park -- pleasant environment
- Close to all services: public transportation, schools,
shops, highways
- High rental demand in the area
- Ideal building for investors or owner-occupiers

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