$1,050,000
New
ULS: 22964081
5-6-7-Plex
for sale
85 Rue Nicolet, Gatineau (Hull) (Île de Hull)
Five-unit building strategically located in Hull, generating $72,600 in annual income. Desired layout: 1 x 3 bedrooms and 4 x 1 bedroom, all rented to stable tenants. Two-story building with semi-basement, including large storage room and several parking spaces, a major asset for tenants. Area in high rental demand. Solid asset generating immediate income, with potential for optimization. An ideal opportunity for investors looking to add a high-performing building to their portfolio.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
2,427 ft²
Property features
3
Bedrooms
1
Bathroom
STEPHAN CASSELMAN
Residential Real Estate Broker
Addendum
5-unit residential building in Hull, a strategic addition to your real estate portfolio!
- Current annual income: $72,600
- Layout: 1 x 3 bedrooms + 4 x 1 bedroom
- 100% leased -- immediate income
- Stable tenant base
- 2-story building with semi-basement
- Good unit layout
- Large outdoor storage area, convenient for tenants or maintenance
- Several parking spaces
- Sought-after area of Hull with high rental demand
- Close to services, public transportation, shops, and major roads
- Ideal asset for investors looking for a building that generates income immediately upon acquisition
- Low vacancy rate in the area
- Current annual income: $72,600
- Layout: 1 x 3 bedrooms + 4 x 1 bedroom
- 100% leased -- immediate income
- Stable tenant base
- 2-story building with semi-basement
- Good unit layout
- Large outdoor storage area, convenient for tenants or maintenance
- Several parking spaces
- Sought-after area of Hull with high rental demand
- Close to services, public transportation, shops, and major roads
- Ideal asset for investors looking for a building that generates income immediately upon acquisition
- Low vacancy rate in the area
Building details and property interior
Dimensions
30' 2" X 40' 1"
Year constructed
1948
Living area
2,427 ft²
Lot and exterior features
Lot size
43' 10" X 104'
Lot area
4,357 ft²
Parking (total)
Driveway (5)
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2022)
- Lot assessment
- $ 206,200
- Building assessment
- $ 408,100
- Total
- $ 614,300
Taxes
- Municipal (2025)
- $ 5,696
- School (2025)
- $ 440
- Total
- $ 6,136
Annual expenses
- Insurance
- $ 6,296
- Superintendent
- $ 1,200
- Snow removal
- $ 856
- Lawn
- $ 675
- Total
- $ 9,027
Energy expenses
- Gas
- $ 1,309
- Total
- $ 1,309
Gross annual revenues (potential)
- Residential
- $ 72,600
- Total
- $ 72,600
Inclusions and exclusions
Exclusions
Water heater rental
Mortgage payment calculator
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