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Income properties for sale
145, Rue Champlain, Gatineau (Hull)
$1,620,000
$1,620,000
Income properties for sale
145, Rue Champlain, Gatineau (Hull)
Features
Use of property
Residential
Year built
1920
Number of units
Residential (6)
Residential units
1 x 1 ½, 1 x 2 ½, 3 x 3 ½, 1 x 5 ½
Potential gross revenue
117,340 $
Description
Location, location, location! Wow! Six units in the heart of downtown Hull (Gatineau), only 5 minutes from Ottawa and government buildings! This income property offers exceptional profitability with a cap rate of 5.45%, a gross income multiplier (GIM) of 13.8 and a net income multiplier (NIM) of 18.3. Located in a highly sought-after rental sector, all essential services are within walking distance. All with great optimization potential! Make your offer now!
Centris No. 16970421
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $485,600 |
| Building | $182,600 |
| Total | $668,200 |
| Taxes | |
|---|---|
| Municipal (2025) | $7,745 |
| School (2024) | $580 |
| Total | $8,325 |
| Expenses | |
|---|---|
| Electricity | $2,381 |
| Insurance | $4,000 |
| Total | $6,381 |
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