Income properties for sale
404 - 414, Rue de Montréal, Sherbrooke (Les Nations)
$779,000
Features
Use of property
Residential
Year built
1955
Living area
3,629 sqft
Lot area
8,672 sqft
Parking (total)
Driveway (5), Garage (1)
Fireplace/Stove
Fireplace - Other
Number of units
Residential (6)
Residential units
1 x 2 ½, 4 x 3 ½, 1 x 5 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
$56,148
Description
Rare opportunity: 6-unit building with four 3½ apartments, one 2½ apartment, and one 5½ apartment, all with bright rooms and separate entrances. Potential annual income of over 56 148 $ and enormous potential for optimization. Classified as a Class 3 cultural heritage site, close to all amenities (schools, daycare centers, university, public transportation, shops). A turnkey income property offering stability and profitability. The appartement 408 is available for an investor or occupant buyer!
Centris No. 16041123
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Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $221,600 |
| Building | $210,200 |
| Total | $431,800 |
| Taxes | |
|---|---|
| Municipal (2026) | $6,439 |
| School (2026) | $274 |
| Total | $6,713 |
| Expenses | |
|---|---|
| Electricity | $2,380 |
| Insurance | $3,788 |
| Snow removal | $719 |
| Total | $6,887 |
See all financial details