Description

WOW, UNBEATABLE and PROFITABLE! 9 times the potential gross income in the heart of downtown Hull! 3 units at $499,900 for an estimated potential income of $54,000/yr. Fully renovated units: floating floors, new kitchens and bathrooms. One unit spread over 2 floors. Two units vacant: you set market rents. Appliances included. Walk to UQO, parks, schools, daycares, bike path, shops, Highway 50, and minutes from Ottawa. Ideal for an owner-occupant or for renting to students and young professionals. A rare opportunity, invest in your future! Contact me for more details.

UNBEATABLE AND PROFITABLE: 9X INCOME IN DOWNTOWN HULL

At 176 Leduc Street, on Hull Island, a 3-unit building with
an assessed value listed at $499,900, offering an estimated
potential gross income of $54,000 per year. A gross income
multiple of approximately 9 times, right in the heart of
downtown.

FULLY RENOVATED APARTMENTS
Laminate flooring, remodeled kitchens and bathrooms,
natural gas heating with a central furnace. Appliances
included in all three units: refrigerator, built-in
microwave oven, stovetop, dishwasher, and washer/dryer.

THE THREE UNITS
Apartment A, at the front: 1 bedroom spread over 2 floors,
vacant.
Apartment B, on the 2nd floor: 2 bedrooms, vacant.
Apartment C, on the 2nd floor: 2 bedrooms, rented for
$1,650 per month.

THE REAL OPPORTUNITY: TWO VACANT UNITS
No below-market rent caps. The buyer can rent out the two
vacant units at market rate upon taking possession, or live
in one as an owner-occupant. Current income from the single
rented apartment at $1,650 per month for a two-bedroom unit
occupied by two students (annual lease; lease expires
August 31, 2027): $19,800 per year. Estimated potential
income for all 3 apartments: $54,000 per year, based on
market rents for comparable units.

PRIME LOCATION
Within walking distance of the Université du Québec en
Outaouais (UQO), parks, schools, daycare centers, shops,
and the bike path. Quick access to Highway 50 and just a
few minutes from Ottawa. A strong and steady tenant base:
students, young professionals, and couples.

MORE INFO:
Deed of sale within 30 days; occupancy subject to existing
leases. 298 m² lot; original building dating from 1895 with
a rear section built in 1970.