$1,100,000

Investment For Sale In Sherbrooke (Les Nations), Quebec

$1,100,000

Property Information:

Well-maintained 5-unit building located near the UdeS and amenities. It includes four 4 ½ and one 3 ½ units, all cozy and equipped with separate washer and dryer facilities. The units offer beautiful living areas, good-sized bedrooms, and bathrooms with bathtubs and showers, as well as convenient storage space. In a sought-after area with high rental potential, this is a rare opportunity for an investor looking for a clean, attractive, and easy-to-rent building.

Discover 1250 Lincoln Street: a well-maintained 5-unit building offering ideal rental income in a sought-after area!

The building includes four 4½ and one 3½ units, all warm and carefully appointed. Each apartment has its own washer and dryer. The units offer beautiful living areas, good-sized bedrooms, and functional bathrooms with bathtubs and showers. Several units also include generous closets or convenient storage spaces.

Located near the University of Sherbrooke, all services, transportation, and strategic highways, the building enjoys high rental potential and consistent appeal. A rare find on the market: ideal for an investor looking for a clean, well-divided, and easy-to-rent building. Contact us for a visit!

Sale made without legal warranty of quality, at the buyers' own risk.

Inclusions: According to leases, garbage and recycling bin.

Exclusions : According to the leases ans seller's equipment.

Building Features:

  • Style: Multiplex
  • Basement: Cave
  • Driveway: Asphalt
  • Foundation: Poured concrete
  • Kitchen Cabinets: Wood, Melamine
  • Lot: Bordered by hedges
  • Parking: Driveway
  • Proximity: CEGEP, Daycare centre, Park, Bicycle path, Elementary school, Public transportation, University
  • Rented Equipment (monthly): Water heater
  • Roofing: Asphalt shingles
  • Siding: Brick
  • Size: 19.7 x 8.99 METRE
  • Topography: Sloped
  • Window Type: Sliding, Casement
  • Windows: PVC
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $54,480

Taxes:

  • Municipal Tax: $6,774
  • School Tax: $360
  • Annual Tax Amount: $7,134

Property Assessment:

  • Lot Assessment: $148,000
  • Building Assessment: $478,500
  • Total Assessment: $626,500

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1920
  • Floor Space (approx): 403.7 Square Metres
  • Lot Depth: 30.3 Metre
  • Lot Frontage: 30.48 Metre
  • Lot Size: 921.70 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 5

Rooms:

  • Living - Irregular Ground Level 4.32 m x 3.76 m Flooring: Wood Note: Closet
  • Kitchen - Irregular Ground Level 3.76 m x 5.00 m Flooring: Ceramic Note: Exterior door
  • Bathroom - Irregular Ground Level 2.03 m x 2.39 m Flooring: Ceramic Note: Bath-shower
  • Bedroom - Irregular Ground Level 3.33 m x 4.01 m Flooring: Wood Note: Washer-dryer installation
  • Bedroom - Irregular Ground Level 3.30 m x 3.96 m Flooring: Wood Note: Closet
  • Kitchen - Irregular Ground Level 3.45 m x 1.91 m Flooring: Laminate floor
  • Living - Irregular Ground Level 3.73 m x 4.72 m Flooring: Laminate floor
  • Bedroom - Irregular Ground Level 3.81 m x 4.62 m Flooring: Laminate floor
  • Bathroom - Irregular Ground Level 4.78 m x 2.44 m Flooring: Ceramic Note: Washer-dryer installation
  • Living - Irregular Ground Level 4.32 m x 3.76 m Flooring: Wood
  • Kitchen - Irregular Ground Level 3.94 m x 3.78 m Flooring: Wood
  • Bedroom - Irregular Ground Level 3.35 m x 4.01 m Flooring: Wood
  • Bathroom - Irregular Ground Level 2.03 m x 2.34 m Flooring: Ceramic
  • Bedroom - Irregular Ground Level 3.33 m x 4.01 m Flooring: Wood
  • Living - Irregular 2nd Level 4.34 m x 3.86 m Flooring: Wood
  • Kitchen - Irregular 2nd Level 3.94 m x 3.78 m Flooring: Laminate floor
  • Bedroom - Irregular 2nd Level 3.35 m x 3.96 m Flooring: Wood Note: Washer-dryer installation
  • Bathroom - Irregular 2nd Level 2.03 m x 2.36 m Flooring: Laminate floor Note: Bath-shower
  • Bedroom - Irregular 2nd Level 3.38 m x 4.01 m Flooring: Laminate floor Note: Closet
  • Living - Irregular 2nd Level 3.84 m x 4.34 m Flooring: Wood Note: Closet
  • Kitchen - Irregular 2nd Level 3.94 m x 3.78 m Flooring: Laminate floor Note: Melamine cabinet
  • Bedroom - Irregular 2nd Level 3.35 m x 3.84 m Flooring: Wood Note: Closet
  • Bedroom - Irregular 2nd Level 3.17 m x 3.94 m Flooring: Wood Note: Closet
  • Bathroom - Irregular 2nd Level 2.01 m x 1.50 m Flooring: Flexible floor coverings Note: Bath-shower

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 5
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Évolution

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

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