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.
28'1" X 41' Irregular
1950
2,724.35 SF
PVC
Casement
Concrete blocks
Vinyl
Asphalt shingles
Ceramic , Laminate floor
Wood
- 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).
28'1" X 41' Irregular
1950
2,724.35 SF
PVC
Casement
Concrete blocks
Vinyl
Asphalt shingles
Ceramic , Laminate floor
Wood
60' X 100'
5,999.8 SF
Landscaped
Flat
Asphalt
Highway , Daycare centre , Golf , Park , Bicycle path , Elementary school , High school , Public transportation
Residential
Electric baseboard units
Electricity
Municipality
Municipality
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.
My name is ANTHONY VALLÉE, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX DIRECT | 216 Chemin D'Aylmer, Gatineau (Gatineau), Québec, J9H 1A4
Hello, my name is ANTHONY VALLÉE, real estate broker. Contact me for more information.
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