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Income properties for sale
158, Rue Richer, Gatineau (Hull)
$4,500,000
$4,500,000
Income properties for sale
158, Rue Richer, Gatineau (Hull)
Features
Use of property
Residential
Year built
1968
Number of units
Residential (17)
Residential units
1 x 2 ½, 1 x 3 ½, 15 x 4 ½
Potential gross revenue
286,440 $
Description
Profitable 16-unit building + 1 studio, located in the heart of Hull, 5 min from the bridges to Ottawa. Generates excellent income with several optimization opportunities, such as the installation of heat pumps. Well maintained with several recent renovations: roof (2024), balcony doors and windows (2019--2020). Turnkey investment with concierge, coin-operated laundry, and security camera system.
Centris No. 19820400
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $394,900 |
| Building | $1,958,800 |
| Total | $2,353,700 |
| Taxes | |
|---|---|
| Municipal (2025) | $24,026 |
| School (2024) | $1,672 |
| Total | $25,698 |
| Expenses | |
|---|---|
| Electricity | $2,230 |
| Insurance | $11,625 |
| Snow removal | $1,550 |
| Security | $676 |
| internet | $1,035 |
| Total | $17,116 |
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