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Quadruplex for sale

3192 - 3198, Rue College, Sherbrooke (Lennoxville)

$990,000 or
$990,000 or

Quadruplex for sale

3192 - 3198, Rue College, Sherbrooke (Lennoxville)

Features

Lifestyle
19999198 990000 /en/4plex~for-sale~sherbrooke-lennoxville/19999198?view=Summary /fr/quadruplex~a-vendre~sherbrooke-lennoxville/19999198 https://passerelle.centris.ca/redirect.aspx?NoMLS=19999198&Lang=E&source=centris.ca /en/4plex~for-sale~sherbrooke-lennoxville/19999198/photos 45.3658062800 -71.8741633400 true
Use of property
Residential
Building style
Detached
Year built
1989
Living area
4,366 sqft
Lot area
10,086 sqft
Parking (total)
Driveway (8)
Number of units
Residential (5)
Residential units
3 x 6 ½, 1 x 7 ½, 1 x 8 ½
Main unit
7 rooms, 3 bedrooms, 2 bathrooms
Potential gross revenue
$74,640
Additional features
Basement 6 feet or +
Move-in date
According to leases
29

Description

Strategically located in Lennoxville, this revenue property dressed in brick is being offered for the first time in 35 years. Its prime location is complemented by its proximity to Bishop's University, Champlain College, University of Sherbrooke and public transportation. The property consists of 5* generously sized apartments and features many updated and improvements over the years, it will appeal to those seeking a turnkey investment property. It features many exterior parking spaces, individual entrances, and laundry facilities. An excellent opportunity not to be missed.
Centris No. 19999198

Financial details

Municipal assessment (2024)
Lot $187,400
Building $675,000
Total $862,400
Taxes
Municipal (2024) $7,164
School (2023) $461
Total $7,625
Expenses
Electricity $4,420
Total $4,420

Listing brokers

Maxim Messier, Residential Real Estate Broker

Maxim Messier

Residential Real Estate Broker

RE/MAX D'ABORD INC.

Real Estate Agency
RE/MAX D'ABORD INC., Real Estate Agency
Francine Poirier, Residential and Commercial Real Estate Broker

Francine Poirier

Residential and Commercial Real Estate Broker

RE/MAX D'ABORD INC.

Real Estate Agency
RE/MAX D'ABORD INC., Real Estate Agency

Location

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Discover Sherbrooke (Lennoxville)

Population (2016) 5,284
Population variation between 2011 and 2016 2%
Population density 189 hab/km2
Unemployment rate (2016) 7%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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