Excellent opportunity for investor or entrepreneur! Located in the heart of downtown Gatineau, this fully-rented quadruplex comprises 1 studio, 3 3 1/2 units and 1 4 1/2 unit. Just 20 minutes from Ottawa, you'll enjoy a strategic location, close to all essential shops and amenities. Ideal for a renovation project or to grow your investment portfolio, this property offers unique potential. Don't miss this chance to seize a property that combines central location and yield opportunities!
- Compliant quadruplex with an additional non-compliant accommodation. - Opportunity to have a rental property with positive cash flow of approximately +$773 per month with 20% down payment! - Possibility of buying with 10% down payment as an owner-occupier! - GRM of 12.63. - NRM of 16.11. - Potential return on down payment of 38.34% in the first year with 20% down payment or 71.12% with 10% down payment! - Opportunity not to be missed if you are looking for an investment that brings you a steady monthly income!
Building details and property interior
Dimensions
22' 2" X 52' 5" irr.
Year constructed
1926
Living area
174.30 m²
Windows
PVC
Window Type
Sliding, Casement
Siding
Vinyl
Roofing
Asphalt shingles
Lot and exterior features
Lot size
45' X 100'
Lot area
418.10 m²
Topography
Flat
Driveway
Unpaved
Parking (total)
Driveway (5)
Proximity
Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre, Highway