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71, Rue Papineau, Gatineau (Hull), Neighbourhood Île de Hull
$1,990,000
$1,990,000
Income properties for sale
71, Rue Papineau, Gatineau (Hull), Neighbourhood Île de Hull
Features
Use of property
Residential
Year built
1953
Building area (at ground level)
2,000 sqft
Living area
8,000 sqft
Lot area
6,106 sqft
Parking (total)
Driveway (4)
Number of units
Residential (8)
Residential units
8 x 5 ½
Main unit
5 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
130,260 $
Additional features
Basement 6 feet or +
Description
8-unit, 4-storey multiplex with optimized profitability. Must be sold with the neighboring property at 69 Papineau. Roof replaced in 2022 with accompanying invoice. Close to UQO and government offices, offering easy access to essential amenities. Walking distance to many local shops and restaurants. Less than 5 minutes from downtown Ottawa.
Centris No. 10374440
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Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $293,500 |
| Building | $841,000 |
| Total | $1,134,500 |
| Taxes | |
|---|---|
| Municipal (2024) | $9,396 |
| School (2024) | $691 |
| Total | $10,087 |
| Expenses | |
|---|---|
| Electricity | $1,450 |
| Gas | $1,200 |
| Insurance | $8,300 |
| Snow removal | $900 |
| Total | $11,850 |
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