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$2,198,000
ULS: 26364976

8-15-Plex for sale - Gatineau (Gatineau) (Ferme Limbour, Limbour)

2579 - 2583 Rue St-Louis, Gatineau (Gatineau) (Ferme Limbour, Limbour)
Very nice investment opportunity, 9 units located in the Gatineau area. Good income, very clean, one owner, 9 x 2-bedrooms divided into 2 buildings (6+3), 6 x wall A/C, 18 x parking, 9 x water heater and several recent renovations & leasehold improvements. Perfect for real estate investor, a visit is a must!
Living area 7,244 ft²

Property features

2 Bedrooms
1 Bathroom

MANUEL SILVA

Real Estate Broker

RE/MAX VISION (1990) INC.

2579-2583 Rue Saint-Louis, Gatineau:

- 2 buildings (6 units + 3 units)
- 9 x 2-bedrooms
- $127,500/annually
- Apartments are rented unheated and unlit
- Well maintained
- 6 x wall A/C
- 9 x water heaters
- 18 x parking spaces
- Exterior electrical hookup for each apartment
- No pets allowed

Renovations & Improvements:

- Roof 2579 (2019-2021)
- Roof 2583 (2008)
- Windows in 9 units
- Entrance door in 9 units
- Fiberglass balcony in 6 units
- Interlock balcony
- Entrance and patio doors
- Gutters
- Exterior light fixtures
- No original kitchen cabinets
- No original ceramics
- Kitchens and bathrooms replaced
- Hardwoods in living rooms, dining rooms and bedrooms of 6 units
- Driftwood in 3 basement dwellings
- Mouldings and interior doors replaced + mouldings added
- All toilets, sinks and washbasins
- All fixtures, hardware, nothing original
- List of hot water tanks and smoke detectors
Dimensions 76' 7" X 94' 9" irr.
Year constructed 1992
Living area 7,244 ft²
Windows PVC
Window Type Casement, French door
Siding Brick, Vinyl
Roofing Asphalt shingles
Basement Finished basement, Outdoor entrance, 6 feet and more
Lot size 60' X 333' 6"
Lot area 20,013 ft²
Topography Flat
Driveway Asphalt
Parking (total) Driveway (18)
Proximity Park, Bicycle path, Daycare centre, Public transportation, Highway, Elementary school
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 253,200
Building assessment
$ 1,326,800
Total
$ 1,580,000

Taxes

Municipal (2024)
$ 13,088
School (2024)
$ 998
Total
$ 14,086

Annual expenses

Snow removal
$ 1,956
Total
$ 1,956

Gross annual revenues (potential)

Residential
$ 127,500
Total
$ 127,500

Inclusions

9 x hot water tank, light fixtures, 6 x wall-mounted A/C.

Desjardins

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