138 Rue Laval
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138 Rue Laval
8 Unit Apartment Building $1,128,066 USD ($141,008 USD/Unit) 5.20% Cap Rate Gatineau, QC J8X 3H8
Investment Highlights
- Located right in front of one of the largest parks on Hull , featuring a community pool, tennis court, and green spaces.
- Not heated - Not lit - Hot water included.
- Walking distance to government offices, universities, colleges, and the restaurants and bars on Promenade du Portage.
- 8 refrigerators and stoves included.
Executive Summary
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. Possibility to rent furnished units month-to-month to further optimize revenue
Property Facts
Price | $1,128,066 USD | Property Subtype | Apartment |
Price Per Unit | $141,008 USD | Lot Size | 0.08 AC |
Sale Type | Investment | Building Size | 2,806 SF |
Cap Rate | 5.20% | No. Stories | 2 |
No. Units | 8 | Year Built | 1870 |
Property Type | Multifamily |
Price | $1,128,066 USD |
Price Per Unit | $141,008 USD |
Sale Type | Investment |
Cap Rate | 5.20% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Lot Size | 0.08 AC |
Building Size | 2,806 SF |
No. Stories | 2 |
Year Built | 1870 |
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (99)
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138 Rue Laval
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