Quadruplex for sale
223, Rue Queen, Sherbrooke (Lennoxville)
$429,000
Features
Use of property
Residential
Building style
Detached
Year built
1930
Building area (at ground level)
2,861 sqft
Lot area
9,322 sqft
Number of units
Residential (4)
Residential units
1 x 3 ½, 3 x 4 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$31,680
Move-in date
According to leases
Description
LOCATION - Located in Lennoxville, less than 2 km from Cégep Champlain and Bishop's University, this 4-unit building is an ideal investment opportunity for anyone looking for growth potential. It is made up of three 4 ½ apartments and one 3 ½. The property has benefited from improvements to certain doors and windows, as well as part of the exterior cladding. In addition, energy costs are the responsibility of the tenants.
Centris No. 28627884
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Financial details
Municipal assessment (2023) | |
---|---|
Lot | $164,500 |
Building | $116,800 |
Total | $281,300 |
Taxes | |
---|---|
Municipal (2024) | $3,797 |
School (2024) | $156 |
Total | $3,953 |
Expenses | |
---|---|
Insurance | $2,223 |
Snow removal | $1,035 |
Internet | $1,187 |
Total | $4,445 |
See all financial details