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Quintuplex for sale, Les Nations

959 - 967, Rue du Fédéral · Estrie

$700,000

1 / 23

Listing broker: Gabriel Duault • # 12774353

Neighbourhood: Les Nations

Characteristics

bedrooms
1
bathrooms
1
rooms
3
Year built
1955

Description

*** 5-UNIT PROPERTY COMPRISING A DUPLEX AND A TRIPLEX ON THE SAME LOT. *** Excellent investment opportunity in Sherbrooke's Les Nations district, on a 710 m² lot. Conveniently located near services, Carrefour Belvédère, Université de Sherbrooke, Bishop's University and Hôtel-Dieu. Three units renovated since 2022, including units 961 and 963 fully renovated in 2025. Five outdoor parking spaces. Opportunity to optimize rental income. Potential eligibility for attractive CMHC MLI Select financing with a low down payment.

Addenda

Discover this rare real estate ensemble consisting of a duplex and a triplex located on the same 710 m² lot, offering stable income potential and a strategic location.

5 well-maintained units spread across two buildings
Location in the sought-after Les Nations neighborhood (services, University of Sherbrooke and Bishop's University)
5 outdoor parking spaces for your tenants
Washer-dryer hookups and dishwasher in each unit
Well-maintained property: Three units have been completely renovated over the past 5 years, ensuring minimal maintenance required and satisfied tenants
Stable clientele guaranteed: The proximity to both universities ensures constant rental demand, ideal for a secure long-term investment
Advantageous financing available: Opportunity to benefit from the CMHC MLI Select program, allowing for minimal down payment and attractive financing conditions.

Excellent opportunity for beginner or experienced investors looking to maximize their return with a reduced initial investment.
The Les Nations neighborhood offers the perfect balance between residential tranquility and accessibility to amenities. Your tenants will appreciate the proximity to shops, public transportation, and educational institutions.

Features

  • CEGEP
  • Daycare centre
  • Hospital
  • Park
  • High school

Municipal assessment

Year
2026
Lot
$131,000
Building
$408,200
Total
$539,200

Taxes

Municipal (2026)
$6,301
School (2026)
$342

Expenses

Electricity
$5,011
Insurance
$1,759
Other
$869
Snow removal
$747

Parking and garage

Parking (total)
5

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