Quintuplex for sale, Les Nations
992 - 1000, Rue du Fédéral · Estrie
$725,000
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Listing broker: Gabriel Duault • # 21032670
Neighbourhood: Les Nations
Marc-André Knot
Characteristics
- bedrooms
- 4
- bathrooms
- 1
- rooms
- 7
- Year built
- 1946
Description
*** DETACHED 5-UNIT PROPERTY IN THE HEART OF SHERBROOKE *** Excellent investment opportunity in the Les Nations district. Several renovations have been completed over the years, including kitchens, bathrooms and flooring. The front balconies and stairs were replaced in 2021, while the plumbing and electrical wiring were partially redone the same year. Six outdoor parking spaces. Current rents offer potential for rental income optimization. Potential eligibility for attractive CMHC MLI Select financing with a reduced down payment.
Addenda
Discover this 5-unit income property offering remarkable return potential in a prime location. Ideal for the savvy investor looking to diversify their real estate portfolio!
Strategic Location
Located just steps from downtown Sherbrooke, this building benefits from immediate proximity to all essential services: shops, restaurants, public transportation, educational institutions, and much more. A major asset for attracting and retaining your tenants!
Key Features:
5 rental units generating stable income
Well-maintained: renovations carried out progressively over the years
6 outdoor parking spaces - a considerable advantage in an urban setting
Well-established building in a sought-after neighborhood
Advantageous Financing Available
Take advantage of CMHC Select MLI financing, a preferred financing option offering advantageous conditions for real estate investors. An opportunity not to be missed to optimize your investment!
Why Invest Now?
Dynamic rental market in Sherbrooke
Constant demand for well-located housing
Guaranteed passive income
Long-term appreciation potential
Features
- CEGEP
- Daycare centre
- Hospital
- Bicycle path
- Elementary school
- High school
Municipal assessment
- Year
- 2026
- Lot
- $127,900
- Building
- $363,200
- Total
- $491,100
Taxes
- Municipal (2026)
- $5,939
- School (2026)
- $319
Expenses
- Electricity
- $5,119
- Gas
- $1,329
- Insurance
- $2,776
- Other
- $896
Parking and garage
- Details
- Asphalt
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