$919,900
131 Rue Papineau
Gatineau (Hull)
Gatineau (Hull)
Type
Quadruplex
Bedrooms
1
Living area
2357.29 PC
Bathrooms
1
MLS® 25194429
Property description
Rare on the market! Modern building with 4 vacant units available immediately! Discover an exceptional opportunity for investors or owner-occupants: a building consisting of four 1-bedroom units, all vacant, offering maximum flexibility for renting or immediate occupancy. ANNUAL POTENTIAL INCOME OF $69,000, excellent potential profitability, centrally located in a highly sought-after area, turnkey and hassle-free. Large fenced backyard and 4 parking spaces. Located in the heart of Hull, this is a rare opportunity to acquire a property ready to generate income right away!
Details
Located near
Highway, Cegep, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Taxes and expenses
| Municipal Taxes | $4,668 |
| School taxes | $357 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 2357.29 SF |
| Items included in the sale | All appliances in the four apartments, 4 water heater |
| Land area | 268.6 SM |
| Dimension of the front of the land | 10.36 M |
| Dimension of the depth of the land | 25.92 M |
| Year built | 1902 |
| Municipal assessment (land) | $214,900 |
| Municipal assessment (building) | $284,100 |
| Municipal assessment (total) | $499,000 |
| Assessment year | 2026 |
| Potential gross revenue | $69,000 |
| Driveway | Asphalt |
| Heating system | Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Foundation | Poured concrete |
| Siding | Vinyl |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Roofing | Asphalt shingles |
| Zoning | Residential |
Addendum
| - Building: 4 units, each with 1 bedroom |
| - All units are vacant and available immediately |
| - Renovated, modern, and move-in ready property |
| - Estimated annual potential income of $69,000 |
| - Excellent investment opportunity or ideal for |
| owner-occupants!! |
| - Turnkey building, ready to be rented immediately |
| - Large fully fenced backyard |
| - 4 available parking spaces |
| - Strategic location in the heart of Hull |
| - Close to services, shops, schools, restaurants, and |
| public transportation |
| - Highly sought-after area with strong rental demand |
| - Quick possession possible |
