Photo Main Photo of the property
$599,900
ULS: 21484991

Quadruplex for sale - Gatineau (Hull) (Île de Hull)

5 Rue Davies, Gatineau (Hull) (Île de Hull)
Income property ideally located in Hull, a stone's throw from UQO's Pavillon Lucien-Brault. This 4-unit building includes three 4 ½ units and one 5 ½ unit, generating a gross annual income of $41,880. Prime location near services, public transport and blvd des Allumetières, ensuring attractive rental potential for students and young professionals. Excellent opportunity for investors looking for a stable yield.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 2,804 ft²

Property features

2 Bedrooms
1 Bathroom

SEBASTIEN NORMANDEAU

Residential Real Estate Broker

RE/MAX VISION (1990) INC.

STEPHAN CASSELMAN

Residential Real Estate Broker

RE/MAX VISION (1990) INC.

- 3 two-bedroom apartments
- 1 three-bedroom apartment
- Near UQO Lucien-Brault building
- Independent entrances
-In 2017-2018, the electrical panel (with fuses) was replaced by a new panel + the addition of 3 panels and 3 meters.
- Windows replaced by previous owner (before 2017)
- Exterior cement siding repainted and repaired in 2024
- Foundation rendering redone in 2024
- Easy to rent
- For investors!
Year constructed 1953
Living area 2,804 ft²
Siding Stucco, Vinyl
Roofing Asphalt shingles
Lot area 5,372 ft²
Topography Flat
Driveway Asphalt
Parking (total) Driveway (2)
Proximity Daycare centre, Park, Public transportation, University, CEGEP
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2022)

Lot assessment
$ 275,700
Building assessment
$ 485,300
Total
$ 761,000

Taxes

Municipal (2024)
$ 5,749
School (2024)
$ 449
Total
$ 6,198

Annual expenses

Insurance
$ 3,336
Total
$ 3,336

Gross annual revenues (potential)

Residential
$ 41,880
Total
$ 41,880

Inclusions

4 refrigerators, 4 stoves, 2 water heaters, lighting fixtures.

Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate