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Quintuplex for sale
350, Rue Laviolette, Gatineau (Gatineau), Neighbourhood Apollo, Desnoyers
$1,199,000
$1,199,000
Quintuplex for sale
350, Rue Laviolette, Gatineau (Gatineau), Neighbourhood Apollo, Desnoyers
Features
Use of property
Residential
Building style
Detached
Year built
1965
Living area
2,288 sqft
Lot area
4,999 sqft
Parking (total)
Driveway (5)
Number of units
Residential (5)
Residential units
4 x 3 ½, 1 x 5 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
81,720 $
Additional features
Basement 6 feet or +
Move-in date
According to leases
Description
Fiveplex for Sale -- Exceptional Investment Opportunity! Investors, don't miss this rare chance to acquire a high-performing income property with solid, predictable returns. Property Type: Residential Fiveplex Internal Rate of Return (IRR): 26% over 5 years Cash-on-Cash Return: 6% annually Stable rental income & strong long-term growth potential This well-maintained fiveplex is located in a high-demand area, ideal for optimizing your real estate portfolio. It already generates attractive rental income and offers excellent appreciation potential in the medium and long term.
Centris No. 22453886
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $216,100 |
| Building | $415,800 |
| Total | $631,900 |
| Taxes | |
|---|---|
| Municipal (2024) | $5,705 |
| School (2024) | $424 |
| Total | $6,129 |
| Expenses | |
|---|---|
| Electricity | $3,832 |
| Insurance | $5,124 |
| Maintenance | $2,750 |
| Equipment (rental) | $600 |
| Management/Administration | $1,916 |
| Total | $14,222 |
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