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$1,378,800
ULS: 21914015

Quadruplex for sale
175 Rue Richer, Gatineau (Hull) (Parc de la Montagne)

WOW!!! RENOVATED 4-sided brick quadruplex with EXCELLENT profitability in a HIGH demand area! Superb opportunity for investors looking to develop their portfolio! Hydro paid by tenants, 4 meters, poured concrete foundation, washer + dryer in units 3 and 4 and shared for units 1 and 2. 2 common areas for easy access to the apartments. Parking in the rear. Roof maintenance and replacement taken care of by Testudo. New shed! Zoning 16 apartments. App #2 will be vacant at possession date. Act fast!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 2,558 ft²

Property features

1 Bathroom

PHILIPPE CAMIRE

Residential Real Estate Broker

RE/MAX VISION INC.

JIMMY ARSENEAULT

Residential and Commercial Real Estate Broker

RE/MAX VISION INC.

New electrical panels in all units in 2024
4 water heaters in 2024
4 renovated bathrooms
4 renovated kitchens
Three of the four units freshly painted
Common area on the side freshly painted
Roof repaired in 2024 (Testudo) Roof under contract with them.
Shed redone
200-amp electrical input added
Wiring in place for electric car charging station
Dimensions 47' X 27' irr.
Year constructed 1963
Living area 2,558 ft²
Windows PVC
Siding Brick
Roofing Elastomeric membrane
Basement 6 feet and more, Finished basement
Lot size 49' X 99'
Lot area 4,999 ft²
Driveway Asphalt
Proximity Highway, CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, University
Heating System Hot water
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 255,500
Building assessment
$ 427,600
Total
$ 683,100

Taxes

Municipal (2025)
$ 5,845
School (2025)
$ 479
Total
$ 6,324

Gross annual revenues (potential)

Residential
$ 78,600
Total
$ 78,600
Desjardins

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