JUST WOW! A rare find on the market! This fourplex in downtown Gatineau offers one 2-bedroom unit and three 3-bedroom units. Generating $57,720 in income with exceptional potential for further growth. The building is meticulously maintained and boasts an unbeatable location, just steps from amenities, transportation, and services. Each tenant has their own parking space and storage unit. This sought-after building is easy to rent. A golden opportunity for investors. Don't miss this exceptional offer; contact us for a viewing!
Superb investment opportunity in the heart of Gatineau! This solid and well-maintained fourplex offers an ideal combination of rental stability and income growth potential. The building includes one 2-bedroom unit and three 3-bedroom units, perfect for attracting a diverse tenant base and maintaining a low vacancy rate.
With current annual income of $57,720, this property also offers significant optimization potential thanks to the unit size, strategic location, and possibilities for future improvements. The property has also undergone several renovations over the years, including a roof replacement in 2019.
Located in the very center of Gatineau, the building is within easy reach of all amenities: schools, grocery stores, public transportation, restaurants, and essential services. A prime location for tenants, guaranteeing strong year-round rental demand.
Whether you are a seasoned investor or looking to build your real estate portfolio, this fourplex is a safe bet that combines location, return and potential.
Building details and property interior
Dimensions
34' 2" X 56' 2" irr.
Year constructed
1983
Living area
370.90 m²
Windows
PVC
Window Type
Sliding, Casement
Siding
Stone, Vinyl
Roofing
Asphalt shingles
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot size
59' X 142' 9" irr.
Lot area
948.10 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (8)
Proximity
Daycare centre, Hospital, CEGEP, High school, Highway, Elementary school
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity, Natural gas
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
Lot assessment
$ 235,000
Building assessment
$ 589,500
Total
$ 824,500
Taxes
Municipal
(2025)
$ 7,132
School
(2025)
$ 594
Total
$ 7,726
Annual expenses
Insurance
$ 2,989
Snow removal
$ 1,260
Equipment (rental)
$ 640
Lawn
$ 1,500
Total
$ 6,389
Gross annual revenues (potential)
Residential
$ 57,720
Total
$ 57,720
Inclusions and exclusions
Exclusions
Water heater is rented, some light fixtures and fans belong to the tenants.