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$679,000
ULS: 26060287

Quadruplex for sale
74 Rue St-Paul, Gatineau (Gatineau) (Town Side, Le Moulin)

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!
Living area 174.30 m²

Property features

1 Bedroom
1 Bathroom

MIGUEL LEGAULT

Residential and Commercial Real Estate Broker

RE/MAX PLATINE

- 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!
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 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
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 157,200
Building assessment
$ 214,300
Total
$ 371,500

Taxes

Municipal (2024)
$ 3,150
School (2024)
$ 214
Total
$ 3,364

Annual expenses

Insurance
$ 3,660
Snow removal
$ 689
Total
$ 4,349

Energy expenses

Electricity
$ 3,897
Total
$ 3,897

Gross annual revenues (potential)

Residential
$ 53,760
Total
$ 53,760

Exclusions

Tenants belongings.

Desjardins

Mortgage payment calculator

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