3
1
Land: 388.1 SM
Great opportunity for investors! Discover this all-brick duplex located in the highly sought-after Old North area of Sherbrooke. The building generates an annual income of $34,020 with excellent tenants already in place. Both units were renovated this year, including a modernized kitchen. Great potential for optimization by converting the basement into a third unit, as permitted by city zoning -- an ideal way to increase profitability. Close to all amenities and in a high-demand rental area, this is an opportunity you won't want to miss!
----DESCRIPTION----
Great opportunity for investors! Discover this all-brick duplex located in the highly sought-after Old North area of Sherbrooke. The building generates an annual income of $34,020 with excellent tenants already in place. Both units were renovated this year, including a modernized kitchen. Great potential for optimization by converting the basement into a third unit, as permitted by city zoning -- an ideal way to increase profitability. Close to all amenities and in a high-demand rental area, this is an opportunity you won't want to miss!
----NOTABLE FEATURES----
--Roof redone in 2019
--Nearly $50,000 invested in repairs and improvements to the units and the building (see seller's declaration)
--Inspection report available
The buyer acknowledges and accepts that it is their sole responsibility to ensure the feasibility of their real estate project. The buyer must carry out all necessary verifications with the competent authorities to ensure that the intended project complies with all applicable regulations. The buyer must also obtain all required authorizations to complete their project successfully.
Dimensions
11.46 M X 8.84 M
Construction year
1964
Water supply
Municipality
Heating energy
Electricity
Windows
PVC
Foundation
Poured concrete
Siding
Brick
Basement
6 feet and over
Basement
Unfinished
Roofing
Asphalt shingles
Land area
388.1 SM
Sewage system
Municipal sewer
Zoning
Residential
Driveway
Asphalt
Landscaping
Land / Yard lined with hedges
Cupboard
Melamine
Proximity
Highway
Proximity
Cegep
Proximity
Daycare centre
Proximity
Golf
Proximity
Hospital
Proximity
Park - green area
Proximity
Bicycle path
Proximity
Elementary school
Proximity
Alpine skiing
Proximity
High school
Proximity
Cross-country skiing
Proximity
Public transport
Proximity
University
Available services
Fire detector
Parking
Outdoor
Window type
Sliding
Topography
Flat
Inclusions:
According to the leases.Exclusions:
All tenants' goods and furniture, according to the leases.| Taxes & Costs | |
|---|---|
| Municipal taxes (2025) | 3711$ |
| School taxes (2025) | 227$ |
| TOTAL | 3938$ |
| Monthly fees | |
|---|---|
| Energy cost | 0$ |
| Common expenses/Base rent | 0$ |
| TOTAL | 0$ |
| Evaluation (2023) | |
|---|---|
| Building | 274500$ |
| Land | 95400$ |
| TOTAL | 369900$ |
in this property
Alexandre Côté
Stéphanie Lamontagne
Great opportunity for investors! Discover this all-brick duplex located in the highly sought-after Old North area of Sherbrooke. The building generates an annual income of $34,020 with excellent tenants already in place. Both units were renovated this year, including a modernized kitchen. Great potential for optimization by converting the basement into a third unit, as permitted by city zoning -- an ideal way to increase profitability. Close to all amenities and in a high-demand rental area, this is an opportunity you won't want to miss!
Water supply
Municipality
Heating energy
Electricity
Windows
PVC
Foundation
Poured concrete
Siding
Brick
Basement
6 feet and over
Basement
Unfinished
Roofing
Asphalt shingles
Sewage system
Municipal sewer
Zoning
Residential
Driveway
Asphalt
Landscaping
Land / Yard lined with hedges
Cupboard
Melamine
Proximity
Highway
Proximity
Cegep
Proximity
Daycare centre
Proximity
Golf
Proximity
Hospital
Proximity
Park - green area
Proximity
Bicycle path
Proximity
Elementary school
Proximity
Alpine skiing
Proximity
High school
Proximity
Cross-country skiing
Proximity
Public transport
Proximity
University
Available services
Fire detector
Parking
Outdoor
Window type
Sliding
Topography
Flat
Inclusions:
According to the leases.Exclusions:
All tenants' goods and furniture, according to the leases.| Taxes et coûts | |
|---|---|
| Taxes municipales (2025) | 3711$ |
| Taxes scolaires (2025) | 227$ |
| TOTAL | 3938$ |
| Frais mensuels | |
|---|---|
| Coût d'énergie | 0$ |
| Frais commun/Loyer de base | 0$ |
| TOTAL | 0$ |
| Évaluation (2023) | |
|---|---|
| Bâtiment | 274500$ |
| Terrain | 95400$ |
| TOTAL | 369900$ |
