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Income properties for sale
523 - 531, Rue King Est, Sherbrooke (Fleurimont)
$795,000
+GST/QST
$795,000 +GST/QST
Income properties for sale
523 - 531, Rue King Est, Sherbrooke (Fleurimont)
Features
Use of property
Residential, Commercial
Year built
Unknown age
Lot area
4,500 sqft
Number of units
Residential (4), Commercial (2)
Residential units
4 x 3 ½
Potential gross revenue
$68,916
Description
Excellent investment opportunity! 6-unit brick revenue building consisting of 4 residential units (4 x 3½) and 2 commercial premises. The building has benefited from several renovations over the years, and is ideally located in a sought-after area, close to the CEGEP, public transit and all essential services. Strategic location offering strong rental potential and income stability. Ideal for investors looking for a well-located income property. Translated with DeepL.com (free version)
Centris No. 22422599
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $140,100 |
| Building | $290,800 |
| Total | $430,900 |
| Taxes | |
|---|---|
| Municipal (2025) | $7,131 |
| School (2025) | $310 |
| Total | $7,441 |
| Expenses | |
|---|---|
| Electricity | $5,780 |
| Insurance | $3,369 |
| Snow removal | $716 |
| internet | $1,128 |
| Total | $10,993 |
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