REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Danny Lachance
Co-Listed by Marie-Pier Desormeaux
Co-Listed by Marie-Pier Desormeaux
$ 469,900
Est. payment | /mo
4 Beds
1 Bath
5,628 Sqft Lot
$ 469,900
Est. payment | /mo
4 Beds
1 Bath
5,628 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11047899
Style Detached
Bedrooms 4
Year Built 1909
Lot Size 5,628 Sqft
Property Description
Investment opportunity in the heart of Sherbrooke! This three-unit triplex (6 ½ apartments) sits on a 5,628 sq ft wooded lot and offers strong potential for appreciation. Two units are already rented, ensuring immediate income, while the third is vacant and ready to be transformed to your vision. Potential gross income of $56,220/year. Balconies, parking for 6 vehicles, and a strategic location near downtown, highways, schools, the University of Sherbrooke, and Mont-Bellevue.
Income triplex offering excellent potential for optimization, ideally located in the heart of Sherbrooke! Situated on a 5,628 sq ft wooded lot, this three-story building features three 6 ½ apartments, each with a private entrance, balcony, and abundant natural light.
A prime opportunity for investors seeking a property that provides immediate income while offering significant appreciation potential.
The rental price includes heating, electricity, hot water, and internet.
Two of the three apartments are currently rented, generating immediate income, while the third is vacant and being renovated, offering the future owner the opportunity to optimize its layout and rental potential.
Potential gross income reaches $56,220 per year, making this property an excellent foundation for a real estate portfolio or a first income investment.
One of the building's key assets is unit 179, currently undergoing renovations. All non-structural elements have been removed, and the unit has been completely gutted, offering the future owner a rare opportunity to redesign the spaces to suit their needs, modernize the amenities, and increase the building's rental value. This project represents an excellent opportunity to create a revitalized living space and maximize long-term profitability.
Outside, tenants enjoy rear balconies overlooking a wooded area, providing pleasant privacy in the heart of the city. The grounds offer a particularly desirable green setting, while the large gravel parking lot can accommodate up to six vehicles--a significant advantage for a building of this size.
The location is also a major asset. Situated in close proximity to downtown Sherbrooke and Highways 10 and 410, the triplex provides quick access to major employment hubs, educational institutions, and all essential services.
Residents enjoy a desirable location just minutes from Mont-Bellevue, its trails, bike paths, and sports facilities, as well as being close to shops, restaurants, grocery stores, pharmacies, fitness centers, a hospital, daycare centers, elementary and high schools, CEGEPs, and the University of Sherbrooke.
Whether you are an investor looking to enhance your real estate portfolio or a buyer seeking a property with strong appreciation potential, this property represents an opportunity worth considering. With its existing income, a unit undergoing renovation that will add value, and its strategic location in the heart of a sought-after area, this triplex offers all the ingredients for a wise and sustainable investment.
Don't miss this opportunity to realize your next real estate project.
Income triplex offering excellent potential for optimization, ideally located in the heart of Sherbrooke! Situated on a 5,628 sq ft wooded lot, this three-story building features three 6 ½ apartments, each with a private entrance, balcony, and abundant natural light.
A prime opportunity for investors seeking a property that provides immediate income while offering significant appreciation potential.
The rental price includes heating, electricity, hot water, and internet.
Two of the three apartments are currently rented, generating immediate income, while the third is vacant and being renovated, offering the future owner the opportunity to optimize its layout and rental potential.
Potential gross income reaches $56,220 per year, making this property an excellent foundation for a real estate portfolio or a first income investment.
One of the building's key assets is unit 179, currently undergoing renovations. All non-structural elements have been removed, and the unit has been completely gutted, offering the future owner a rare opportunity to redesign the spaces to suit their needs, modernize the amenities, and increase the building's rental value. This project represents an excellent opportunity to create a revitalized living space and maximize long-term profitability.
Outside, tenants enjoy rear balconies overlooking a wooded area, providing pleasant privacy in the heart of the city. The grounds offer a particularly desirable green setting, while the large gravel parking lot can accommodate up to six vehicles--a significant advantage for a building of this size.
The location is also a major asset. Situated in close proximity to downtown Sherbrooke and Highways 10 and 410, the triplex provides quick access to major employment hubs, educational institutions, and all essential services.
Residents enjoy a desirable location just minutes from Mont-Bellevue, its trails, bike paths, and sports facilities, as well as being close to shops, restaurants, grocery stores, pharmacies, fitness centers, a hospital, daycare centers, elementary and high schools, CEGEPs, and the University of Sherbrooke.
Whether you are an investor looking to enhance your real estate portfolio or a buyer seeking a property with strong appreciation potential, this property represents an opportunity worth considering. With its existing income, a unit undergoing renovation that will add value, and its strategic location in the heart of a sought-after area, this triplex offers all the ingredients for a wise and sustainable investment.
Don't miss this opportunity to realize your next real estate project.
Location
State QC
Interior
Inclusions According to the leases. The included goods are sold without legal warranty of quality at the buyer's risk.
Exterior
Exterior Feature According to the leases.
Lot Depth 104.2
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "