Income properties for sale
138, Rue Laval, Gatineau (Hull), Neighbourhood Île de Hull
$1,599,000
Features
Use of property
Residential
Year built
1870
Living area
2,804 sqft
Lot area
2,806 sqft
Number of units
Residential (8)
Residential units
8 x 3 ½
Potential gross revenue
$118,440
Description
Discover this 8-unit, 1-bedroom apartment building located in downtown Hull, just 3 minutes from Ottawa. Generating over $118,000 in gross annual income with excellent financial ratios, this property is a top investment choice. Close to government offices, universities, schools, hospitals, and shops. A rare opportunity in a highly sought-after area.
Centris No. 17990303
Financial details
Municipal assessment (2024) | |
---|---|
Lot | $208,500 |
Building | $807,700 |
Total | $1,016,200 |
Taxes | |
---|---|
Municipal (2024) | $8,197 |
School (2024) | $586 |
Total | $8,783 |
Expenses | |
---|---|
Gas | $2,625 |
Insurance | $4,885 |
Equipment (rental) | $384 |
Total | $7,894 |
See all financial details