Investor opportunity! Duplex located in a sought-after area of Gatineau, offering excellent potential for added value. Both units will be vacant in September, providing an ideal opportunity to renovate and update them in order to maximize rental income. Option to purchase the property renovated. No rear neighbours, detached garage, and zoning allowing up to 4 units. The pool liner has been ordered and will be replaced once the tenants move out. See the addendum section of the RE/MAX listing for an estimate of the renovation costs.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Detailed Estimate for Work to Be Performed Asphalt shingle roofing $4,500 Vinyl exterior siding + soffit and fascia $7,000 Budget for standard bathroom renovation $11,000 Plumbing budget $5,000 Electrical work budget $5,000 Standard-quality PVC doors and windows $10,000 Small IKEA, Rona, or BMR-style kitchen $18,000 Flooring budget $6,000 Budget for doors, mouldings, and painting $8,000 9 weeks at 40 hours/week at $80/hour $6,000 Other amount shown $28,800 Subtotal $104,300 GST 5% $5,215 QST 9.975% $10,403.93 TOTAL $119,918.93
Building details and property interior
Dimensions
25' 8" X 40' 1"
Year constructed
1963
Living area
1,712.54 ft²
Windows
PVC
Window Type
Sliding, Tilt and turn
Siding
Vinyl
Roofing
Asphalt shingles
Garage
Double width or more, Detached
Washer/Dryer (installation)
Other
Kitchen Cabinets
Wood
Bathroom
Separate shower
Basement
Finished basement, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot size
50' X 100'
Lot area
5,000 ft²
Topography
Flat
Driveway
Double width or more, Asphalt
Parking (total)
Driveway (6), Garage (2)
Pool
Inground, Heated
Proximity
Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, CEGEP, Highway, Daycare centre
Characteristics
Heating System
Forced air, Electric baseboard units