Quadruplex for sale

4 Rue Plessis, Gatineau (Hull), Outaouais

$629,800
4 Rue Plessis
Gatineau (Hull)
Type
Quadruplex
Bedrooms
1
Living area
184.1 MC
Bathrooms
1
MLS® 23315600

Property description

Excellent investment opportunity in the heart of Lac-des-Fées! This property features four 3½ units in excellent condition, along with two additional storage spaces in the garage, generating an attractive annual rental income of over $51,000. Ideally located within walking distance of the pharmacy and Lac-des-Fées School, it benefits from a strategic and highly sought-after location that is easy to rent. Well maintained and offering both stability and growth potential, this property is a smart choice for any investor.

Details

Highway, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, Bicycle path, Daycare centre

Municipal Taxes $4,769
School taxes $371
Bedrooms 1
Bathrooms 1
Number of rooms 3
Living area 184.1 SM
Expected delay of occupancy 15 days
Dimension of the front of the building 16.56 M
Dimension of the depth of building 4.98 M
Land area 4760.01 SF
Year built 1918
Municipal assessment (land) $243,200
Municipal assessment (building) $269,200
Municipal assessment (total) $512,400
Assessment year 2025
Irregular building Yes
Potential gross revenue $51,600
Driveway Asphalt, Double width or more
Cupboard Melamine
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Foundation Stone
Siding Aluminum
Basement Crawl space
Parking Outdoor
Sewage system Municipal sewer
Roofing Asphalt shingles
Topography Flat
Zoning Residential
Located in the highly sought-after Lac-des-Fées
neighborhood, this income property represents a rare
opportunity on the market.
It features four well-maintained 3½ units, along with two
additional storage spaces in the garage, generating an
annual rental income of over $51,000 and providing
excellent stability. Several improvements have been carried
out on both the property and the garage, enhancing overall
quality and long-term value.
Each apartment has been designed to meet the needs of
today's tenants, with in-unit washer and dryer
installations offering comfort and convenience on a daily
basis.
The location is one of the property's greatest assets.
Within walking distance of the pharmacy and Lac-des-Fées
School, it offers ideal proximity to essential services,
while shops and major roadways remain easily accessible.
This property combines a prime location, strong
profitability, quality upgrades, and solid appreciation
potential. A unique opportunity for any investor seeking
performance in a highly desirable sector.

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