Plex for sale, Les Nations
935 - 951, Rue Fabre · Estrie
$1,295,000
1 / 20
Listing broker: Gabriel Duault • # 18335008
Neighbourhood: Les Nations
Marc-André Knot
Characteristics
- bedrooms
- 1
- bathrooms
- 1
- rooms
- 3
- Year built
- 1915
Description
*** DETACHED 8-UNIT PROPERTY IN THE HEART OF SHERBROOKE *** Excellent investment opportunity in the Les Nations area, close to services, Université de Sherbrooke and Bishop's University. Most kitchens and bathrooms have been renovated, several with quartz countertops. Tenants pay for electric heating and hot water. Eight outdoor parking spaces. Rear balconies and stairs rebuilt in 2025, and front balconies rebuilt in 2021. Potential eligibility for attractive CMHC MLI Select financing with a low down payment.
Addenda
Prime Location
Detached 8-unit building strategically located in the heart of Sherbrooke, in the sought-after Les Nations neighborhood. In close proximity to all services, the University of Sherbrooke (UdeS) and Bishop's University, ensuring strong and sustained rental demand.
Major Recent Renovations:
-Modernized kitchens and bathrooms in the majority of units
-Quartz countertops installed in several kitchens and bathrooms
-Rear balconies and stairs completely redone in 2025
-Front balconies renovated in 2021
-Parking and entrance completely redone in 2025 with 8 outdoor spaces
Equipment and Amenities
Washer-dryer hookups in all units
Dishwasher installed in each unit
Electric heating and hot water paid by tenants
Investor Advantages:
-Minimal expenses: Electricity paid by tenants
-Advantageous financing: CMHC MLI Select financing available
-Low down payment required
-Turnkey property: Recent renovations and well-maintained
-High-demand area: Proximity to universities and services
Investment Opportunity:
This property represents an excellent investment opportunity for real estate investors seeking a high-performing asset with optimal return potential and advantageous financing conditions.
Expenses
- Insurance
- $3,074
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