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Income properties for sale
385, Rue Codère, Sherbrooke (Fleurimont)
$1,049,000
$1,049,000
Income properties for sale
385, Rue Codère, Sherbrooke (Fleurimont)
Features
Use of property
Residential
Year built
1962
Lot area
7,534 sqft
Number of units
Residential (6)
Residential units
2 x 3 ½, 4 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$65,700
Description
Located in the Fleurimont area, this 6-unit brick building, built in 1962, consists of four 4½ units and two 3½ units. The property was converted in 2022 from a fourplex into a 6-unit building through the addition of two brand-new 3½ units. Heating is paid by the tenants, while hot water is at the owner's expense. The building features a central vacuum system as well as convenient storage spaces. Situated in a quiet neighborhood, close to Cégep de Sherbrooke and all services!
Centris No. 19980830
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $117,000 |
| Building | $468,300 |
| Total | $585,300 |
| Taxes | |
|---|---|
| Municipal (2026) | $7,594 |
| School (2025) | $391 |
| Total | $7,985 |
| Expenses | |
|---|---|
| Electricity | $1,640 |
| Snow removal | $853 |
| Appliances | $120 |
| Total | $2,613 |
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