Income properties for sale
289 - 305, Rue King Ouest, Sherbrooke (Les Nations)
$2,199,000
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1945
Available commercial area
From 935 sqft to 7,185 sqft
Building area (at ground level)
24,165 sqft
Lot area
16,555 sqft
Number of units
Residential (9), Commercial (5)
Residential units
1 x 2 ½, 2 x 4 ½, 5 x 5 ½, 1 x 7 ½
Potential gross revenue
192,528 $
Description
This quality semi-commercial building is perfectly located in downtown Sherbrooke near the corner of King O and Peel. It comprises 9 residential units and 5 fully leased commercial premises. The building has benefited from major renovations. In addition to ample parking, it offers a paved terrace area for businesses. CMHC financing available! To be sold with the neighboring building at 281-287 King O.
Centris No. 18905818
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
Municipal assessment (2023) | |
---|---|
Lot | $1,000,200 |
Building | $328,100 |
Total | $1,328,300 |
Taxes | |
---|---|
Municipal (2025) | $21,133 |
School (2024) | $994 |
Total | $22,127 |
Expenses | |
---|---|
Electricity | $12,165 |
Gas | $3,636 |
Insurance | $24,477 |
Snow removal | $2,626 |
Equipment (rental) | $1,668 |
Total | $44,572 |
See all financial details