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Income properties for sale
1050, Rue Champlain, Sherbrooke (Les Nations)
$1,275,000
$1,275,000
Income properties for sale
1050, Rue Champlain, Sherbrooke (Les Nations)
Features
Use of property
Residential
Year built
1965
Lot area
4,700 sqft
Number of units
Residential (8)
Residential units
2 x 2 ½, 6 x 3 ½
Potential gross revenue
$82,440
Description
Located in the Mont-Bellevue area, this 8-unit brick building presents an attractive investment opportunity. It comprises six 3½ apartments and two 2½ apartments. Two units have been completely renovated, and the others have been updated. The roof is new, and several other improvements have been made. Strategically located near the university, parks, services, and major roads, it offers potential for future income growth.
Centris No. 10242301
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Financial details
| Municipal assessment (2023) | |
|---|---|
| Lot | $96,100 |
| Building | $488,600 |
| Total | $584,700 |
| Taxes | |
|---|---|
| Municipal (2026) | $8,482 |
| School (2026) | $393 |
| Total | $8,875 |
| Expenses | |
|---|---|
| Electricity | $4,857 |
| Gas | $2,326 |
| Insurance | $4,718 |
| Internet | $1,545 |
| Total | $13,446 |
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