361 - 371 Rue Alexandre, Sherbrooke (Les Nations), QC, J1H 4S9 - investment for sale | Listing ID 15644098

361 - 371 Rue Alexandre, Sherbrooke (Les Nations), QC, J1H 4S9 Map Image

Investment For Sale In Sherbrooke (Les Nations), Quebec

$1,639,000 +GST/QST

Property Information:

For savvy real estate investors, here's a 14-unit home with a unique cachet! All brick, its solid construction will enchant you. A recent major renovation added 2 vast lofts, giving the property a contemporary touch and highlighting its exceptional rental potential. It also features 2 street-facing commercial premises, offering entrepreneurs the opportunity to establish their business in an environment with ideal visibility. To facilitate the purchase, an advantageous APH Sélect mortgage is available and can be assumed by the buyer. Excellent annual revenues, so don't delay!

This sale is made without legal warranty of quality from the seller, the buyer not renouncing the legal warranties given by previous owners and received by the seller when he acquired the building, which are hereby transferred to the buyer.

The mortgage loan will have to be assumed by the buyer. People's Trust - CMHC APH Select - Balance: $1,139,070, Rate 4.5%, End of term January 2027

Phase 1 environmental 2022 in accordance with the file.

Visit under accepted promise to purchase only.

Proof of funds required when submitting a promise to purchase.

Inclusions: According to current leases.

Exclusions : According to current leases.

Building Features:

Distinctive Features: No rear neighbours
Driveway: Unpaved
Floor Covering: Concrete, Wood
Foundation: Poured concrete
Parking: Driveway
Proximity: CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation
Roofing: Elastomeric membrane
Siding: Brick
Size: 50.9 x 79.8 Feet
Topography: Flat
Window Type: Guillotine
Heating System: Hot water
Heating Energy: Electricity, Natural gas
Water Supply: Municipality
Sewage System: Municipality

Potential Gross Revenue:

Residential: $129,936
Commercial: $28,620

Taxes:

Municipal Tax: $17,597
School Tax: $814
Annual Tax Amount: $18,411

Property Assessment:

Lot Assessment: $94,700
Building Assessment: $809,100
Total Assessment: $903,800

Property Features:

Bedrooms: 1
Bathrooms: 1
Built in: 1949
Lot Depth: 125.4 Feet
Lot Frontage: 58.9 Feet
Lot Size: 8152.50 Square Feet
Zoning: AUT, COMM, INDS, RECR, RESI
No. of Parking Spaces: 6

Revenue Units:

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 4
Bedrooms 2
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 3
Bedrooms 1
Baths 1

Pieces 4
Bedrooms 2
Baths 1

Pieces 4
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.

Jean-Francois Bérubé

Courtier immobilier agréé DA Royal LePage Evolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

My Website

Dominique Massicotte

Courtier immobilier résidentiel et commercial Royal LePage Evolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

My Website

Additional Photos