Duplex for sale
935, Rue Malouin, Sherbrooke (Les Nations)
$599,000
Features
Use of property
Residential
Building style
Semi-detached
Year built
1964
Lot area
4,177 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
$34,020
Additional features
Basement 6 feet or +
Move-in date
30 days after acceptance of promise to purchase or rent
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!
Centris No. 12418098
Financial details
| Municipal assessment (2023) | |
|---|---|
| Lot | $95,400 |
| Building | $274,500 |
| Total | $369,900 |
| Taxes | |
|---|---|
| Municipal (2025) | $3,711 |
| School (2025) | $227 |
| Total | $3,938 |
| Expenses | |
|---|---|
| Electricity | $3,500 |
| Insurance | $1,692 |
| Snow removal | $1,200 |
| Total | $6,392 |
See all financial details