$675,000

Quadruplex for sale - Gatineau (Gatineau) (Achbar)

$675,000

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$675,000

Quadruplex for sale - Gatineau (Gatineau) (Achbar)

$675,000

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450 Rue Notre-Dame, Gatineau (Gatineau) (Achbar), J8P 1L8

Quadruplex composed of 2 x 4 1/2 and 2 x 3 1/2. The units have been tastefully renovated in recent years. The owners have invested significant capital expenditures in the property. Currently, the building generates over $47,000 per year, with potential for further rent optimization. The building has never been flooded and is not located in a flood zone.

  • Lot area: 6,000 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1950
ANTHONY VALLÉE
Residential and Commercial Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

28'1" X 41' Irregular

1950

2,724.35 SF

PVC

Casement

Concrete blocks

Vinyl

Asphalt shingles

Ceramic , Laminate floor

Wood

Addenda
Particularities plusParticularities minus

- All units have been renovated.
- Excellent income of $47,760 per year.
- Gross rent multiplier (GRM) of 14.13x.
- The tenant in unit B will be vacating on May 31, 2023. The property management company is currently in the process of finding a new tenant.

Renovations:
- New roof installed in 2021.
- New front balcony and repairs to the rear balcony in 2021.
- Doors and windows replaced in 2015 and 2021.
- New plumbing in each unit.
- Addition of fire-resistant drywall in all units.
- Complete electrical rewiring in 2015.
- Basement insulated with sprayed foam (urethane).

Building details and property interior
Particularities plusParticularities minus

28'1" X 41' Irregular

1950

2,724.35 SF

PVC

Casement

Concrete blocks

Vinyl

Asphalt shingles

Ceramic , Laminate floor

Wood

Lot and exterior features
Particularities plusParticularities minus

60' X 100'

5,999.8 SF

Landscaped

Flat

Asphalt

Highway , Daycare centre , Golf , Park , Bicycle path , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Any system allowing the proper functioning of the IMMOVABLE and any furniture or household appliances included on the leases.

Tenant's personal belongings, tools belonging to the owner or janitor.

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
450 Rue Notre-Dame, Gatineau (Gatineau) (Achbar), J8P 1L8
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 30.4%
  • 26.5%
  • 20.7%
  • 12.0%
  • 6.0%
  • 32.3%
  • 2.0%
  • 20.5%
  • 43.7%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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ANTHONY VALLÉE
Residential and Commercial Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
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My name is ANTHONY VALLÉE, RE/MAX real estate broker. How may I help you?

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