Gatineau (Gatineau)
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
Located near
Park - green area, Elementary school, Public transport, Daycare centre
Taxes and expenses
| School taxes | $342 |
| Municipal Taxes | $4,693 |
| Insurance | $4,024 |
| Energy cost | $4,000 |
Building and interior of the property
| 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 |
Addendum
| - 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 |

































