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Income properties for sale

3068, Rue College, Sherbrooke (Lennoxville)

$969,000 or
$969,000 or

Income properties for sale

3068, Rue College, Sherbrooke (Lennoxville)

Features

Lifestyle
20029392 969000 /en/multi-family-properties~for-sale~sherbrooke-lennoxville/20029392?view=Summary /fr/multifamilial~a-vendre~sherbrooke-lennoxville/20029392 https://passerelle.centris.ca/redirect.aspx?NoMLS=20029392&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~sherbrooke-lennoxville/20029392/photos 45.3668160000 -71.8675940000 true
Use of property
Residential
Year built
1965
Lot area
13,048 sqft
Number of units
Residential (6)
Residential units
2 x 4 ½, 4 x 5 ½
Potential gross revenue
$64,920
50

Description

Sixplex in Lennoxville, including 4x 5.5 and 2x 4.5. Energy costs are assumed by the tenants with the exception of hot water for 4 units. Close to Bishop's University and Sherbrooke. 2 recently renovated apartments, with the possibility of optimizing the other 4 to maximize their potential. Permissive zoning and new roof to come. Hurry!
Centris No. 20029392

Financial details

Municipal assessment (2020)
Lot $121,200
Building $337,000
Total $458,200
Taxes
Municipal (2024) $7,171
School (2024) $396
Total $7,567
Expenses
Electricity $1,619
Insurance $2,445
Snow removal $575
Lawn $374
Total $5,013

Listing broker

Jessika Lahaie, Residential and Commercial Real Estate Broker

Jessika Lahaie

Residential and Commercial Real Estate Broker
Jessika Lahaie Inc.

PMML

Real Estate Agency
PMML, 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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