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Duplex for sale

1548 - 1550, Rue du Saint-Esprit, Sherbrooke (Les Nations), Neighbourhood Mont-Bellevue

$299,000 or
$299,000 or

Duplex for sale

1548 - 1550, Rue du Saint-Esprit, Sherbrooke (Les Nations), Neighbourhood Mont-Bellevue

Features

Lifestyle
20947934 299000 /en/duplexes~for-sale~sherbrooke-les-nations/20947934?view=Summary /fr/duplex~a-vendre~sherbrooke-les-nations/20947934 https://passerelle.centris.ca/redirect.aspx?NoMLS=20947934&Lang=E&source=centris.ca /en/duplexes~for-sale~sherbrooke-les-nations/20947934/photos 45.3829530000 -71.9292160000 true
Use of property
Residential
Building style
Detached
Year built
1949
Building area (at ground level)
840 sqft
Living area
1,680 sqft
Lot area
5,000 sqft
Parking (total)
Driveway (4)
Number of units
Residential (2)
Residential units
2 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$31,200
Additional features
Basement 6 feet or +
Move-in date
60 days after acceptance of promise to purchase or rent
68

Description

Exceptional investment opportunity! Located a few steps from the main campus of the University of Sherbrooke, this duplex offers a prime location in an area popular for the student rental market. With its two units currently vacant, the property offers great potential for a buyer looking for an optimization project to maximize rental income. This is the ideal opportunity for an investor to position themselves in a dynamic area and benefit from strong rental demand.
Centris No. 20947934

Financial details

Municipal assessment (2024)
Lot $62,700
Building $129,900
Total $192,600
Taxes
Municipal (2024) $2,875
School (2024) $154
Total $3,029
Expenses
Electricity $4,115
Insurance $1,408
Snow removal $600
Equipment (rental) $768
Lawn $600
Total $7,491

Listing broker

Philippe Gélinas, Residential Real Estate Broker

Philippe Gélinas

Residential 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 (Les Nations)

Population (2016) 66,699
Population variation between 2011 and 2016 3%
Population density 1,034 hab/km2
Unemployment rate (2016) 8%

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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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