Income properties for sale
1151, Rue de l'Esplanade, Sherbrooke (Les Nations)
$1,299,000
Features
Use of property
Residential
Year built
1967
Living area
6,019 sqft
Lot area
5,955 sqft
Number of units
Residential (7)
Residential units
1 x 2 ½, 6 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$82,536
Description
A 7-unit apartment building ideally located directly across from Lac des Nations, in a highly sought-after neighborhood. Comprising 6 4.5-room units and one loft, it offers excellent potential for maximizing rental income. The recent conversion of the heating system to convector heaters significantly reduces energy costs, which are now covered by the tenants (except for the loft). An attractive opportunity for investors seeking a well-located building with potential.
Centris No. 27306470
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $154,900 |
| Building | $574,400 |
| Total | $729,300 |
| Taxes | |
|---|---|
| Municipal (2026) | $9,251 |
| School (2025) | $524 |
| Total | $9,775 |
| Expenses | |
|---|---|
| Electricity | $3,521 |
| Insurance | $4,115 |
| Snow removal | $869 |
| Total | $8,505 |
See all financial details