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Income properties for sale

251 - 261, Rue du Cégep, Sherbrooke (Fleurimont)

$1,225,000 or
$1,225,000 or

Income properties for sale

251 - 261, Rue du Cégep, Sherbrooke (Fleurimont)

Features

Lifestyle
23279492 1225000 /en/multi-family-properties~for-sale~sherbrooke-fleurimont/23279492?view=Summary /fr/multifamilial~a-vendre~sherbrooke-fleurimont/23279492 https://passerelle.centris.ca/redirect.aspx?NoMLS=23279492&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~sherbrooke-fleurimont/23279492/photos 45.4087610000 -71.8836570000 true
Use of property
Residential
Year built
1945
Building area (at ground level)
2,971 sqft
Living area
5,942 sqft
Lot area
13,113 sqft
Number of units
Residential (6)
Residential units
3 x 3 ½, 1 x 4 ½, 1 x 5 ½, 1 x 10 ½
Potential gross revenue
$88,680
89

Description

Income building (sixplex) located a few feet from Sherbrooke College. It offers 3 3½ accommodations, 1x 4½, 1x 5½ and 1x 10½ (rented in rooms). Annual income (as of July 2024) is $88,680. Located close to all services. Investment opportunity with good growth potential. NO VISIT WITHOUT ACCEPTED OFFER!
Centris No. 23279492

Financial details

Municipal assessment (2022)
Lot $122,700
Building $398,400
Total $521,100
Taxes
Municipal (2024) $7,833
School (2023) $460
Total $8,293
Expenses
Electricity $2,416
Insurance $3,715
Total $6,131

Listing broker

Jules Gereige, Residential and Commercial Real Estate Broker

Jules Gereige

Residential and Commercial Real Estate Broker

RE/MAX ALLIANCE INC.

Real Estate Agency
RE/MAX ALLIANCE INC., Real Estate Agency

Location

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Discover Sherbrooke (Fleurimont)

Population (2016) 44,950
Population variation between 2011 and 2016 6%
Population density 949 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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