Commercial for sale

926 Boul. Maloney E., Gatineau (Gatineau), Outaouais

$899,900
926 Boul. Maloney E.
Gatineau (Gatineau)
Type
Commercial
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 28075116

Property description

INVESTMENT OPPORTUNITY -- MOTEL WITH 10 RENTAL ROOMS! Located at 926 boul. Maloney Est in Gatineau, this property offers an investment opportunity featuring 10 rooms currently rented on a month-to-month basis. Generating $6,700 in gross monthly rental income, or $80,400 annually based on current rates, the property offers an existing income stream and the potential to explore future opportunities. An excellent opportunity for investors looking to acquire an income-producing property in Gatineau.

Sold without legal warranty, at the risk and peril of the buyer

Details

Highway, Public transportation

Municipal $40,863
School $996
Expected delay of occupancy 15 days
Land area 1457 square metre
Municipal assessment (land) $366,600
Municipal assessment (building) $940,000
Municipal assessment (total) $1,306,600
Assessment year 2027
Year built code
Available services Electricity Connected, Sewer Connected, Water Connected
Business type Hotel/Motel, Motel
Distinctive features Detached
Driveway Asphalt
Heating energy Electricity
Sewage system Municipality
Siding Vinyl
Structure type Building
Water supply Municipality
Windows PVC
The building contains 10 rooms, currently rented on a monthly basis. There are no written leases in effect at this time. The current monthly rents are as follows: Room 1: $650 Room 2: $625 Room 3: $610 Room 4: $660 Room 5: $600 Room 6: $680 Room 7: $900 Room 8: $700 Room 9: $625 Room 10: $650 The building currently generates a gross rental income of $6,700 per month, amounting to an annualized gross income of $80,400, based on current rent levels and assuming continued occupancy of all 10 rooms.

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