Income properties for sale
876 - 886, Rue Arsenault, Sherbrooke (Les Nations)
$2,599,000
Features
Use of property
Residential
Year built
1972
Lot area
18,000 sqft
Number of units
Residential (12)
Residential units
12 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$191,220
Description
A 12-unit brick building, entirely composed of 4 ½ units with storage spaces. The building is heated entirely by electricity, with energy costs shared between the owner and tenants according to the unit. Some improvements have been made, including one fully renovated unit and refreshes (flooring and paint) in some units. Ideally located in the Mont-Bellevue area, near the University of Sherbrooke and offering quick access to the highway. A great investment opportunity with an attractive return!
Centris No. 15523440
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $299,000 |
| Building | $999,700 |
| Total | $1,298,700 |
| Taxes | |
|---|---|
| Municipal (2026) | $16,265 |
| School (2025) | $899 |
| Total | $17,164 |
| Expenses | |
|---|---|
| Electricity | $10,208 |
| Insurance | $6,923 |
| Snow removal | $1,397 |
| Garbage | $828 |
| Lawn | $776 |
| Wifi | $1,090 |
| Total | $21,222 |
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