$299,000
New
ULS: 20947934
Duplex for sale - Sherbrooke (Les Nations) (Mont-Bellevue)
1548 - 1550 Rue du St-Esprit, Sherbrooke (Les Nations) (Mont-Bellevue)
Exceptional investment opportunity! Located a few steps from the main campus of the University of Sherbrooke, this duplex offers a prime location in an area popular for the student rental market. With its two units currently vacant, the property offers great potential for a buyer looking for an optimization project to maximize rental income. This is the ideal opportunity for an investor to position themselves in a dynamic area and benefit from strong rental demand.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area
156.12 m²
Property features
3
Bedrooms
1
Bathroom
Addendum
Duplex Features
Units: Two spacious 5 ½ units, each with 3 bedrooms, ideal for student or family sharing.
Storage: Large unfinished basement offering ample storage space, complemented by a spacious outdoor shed.
Outdoor Spaces: Private backyard and two balconies per unit, perfect for enjoying the outdoors.
Nearby Amenities: Just minutes from essential services, including a grocery store, cafes, and a microbrewery.
Prime Location
Perfect for students and young professionals:
Université de Sherbrooke: Only 200 m away, ideal for students.
Bishop's University: A 15-minute drive away.
Jacques-Cartier and Blanchard Parks: Less than 5 minutes away, providing recreational outdoor activities.
Bike Paths: Direct access to Sherbrooke's cycling network.
Downtown: Just a 10-minute drive, with various shops and services.
Highway: Close by for easy intercity travel.
An outstanding investment in a sought-after area of Sherbrooke, with strong rental potential.
The two water heaters are leased (64$/month for both). They will be purchased by the seller before the sale.
This sale is made without the seller's legal warranty of quality, with the buyer not waiving the legal warranties provided by previous owners and received by the seller at the time of their acquisition of the property, which are hereby transferred to the buyer.
Units: Two spacious 5 ½ units, each with 3 bedrooms, ideal for student or family sharing.
Storage: Large unfinished basement offering ample storage space, complemented by a spacious outdoor shed.
Outdoor Spaces: Private backyard and two balconies per unit, perfect for enjoying the outdoors.
Nearby Amenities: Just minutes from essential services, including a grocery store, cafes, and a microbrewery.
Prime Location
Perfect for students and young professionals:
Université de Sherbrooke: Only 200 m away, ideal for students.
Bishop's University: A 15-minute drive away.
Jacques-Cartier and Blanchard Parks: Less than 5 minutes away, providing recreational outdoor activities.
Bike Paths: Direct access to Sherbrooke's cycling network.
Downtown: Just a 10-minute drive, with various shops and services.
Highway: Close by for easy intercity travel.
An outstanding investment in a sought-after area of Sherbrooke, with strong rental potential.
The two water heaters are leased (64$/month for both). They will be purchased by the seller before the sale.
This sale is made without the seller's legal warranty of quality, with the buyer not waiving the legal warranties provided by previous owners and received by the seller at the time of their acquisition of the property, which are hereby transferred to the buyer.
Building details and property interior
Dimensions
26' 3" X 32' 1" irr.
Year constructed
1949
Living area
156.12 m²
Windows
PVC
Window Type
Sliding, Guillotine
Siding
Asbestos, Wood, Vinyl
Roofing
Elastomeric membrane
Washer/Dryer (installation)
Other
Kitchen Cabinets
Melamine
Basement
Unfinished, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot size
49' 10" X 100' 1"
Lot area
464.50 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (4)
Proximity
Park, Bicycle path, Elementary school, Public transportation, University, Daycare centre, Highway
Room details
Unit 1 (Monthly residential revenue)
Living room
Level:
1st level/Ground floor
Dimensions:
12'2" X 10'0"
Flooring:
Ceramic
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
12'2" X 10'8"
Flooring:
Ceramic
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
11'7" X 9'6"
Flooring:
Wood
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
12'2" X 11'0" irr.
Flooring:
Wood
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
12'2" X 9'9" irr.
Flooring:
Wood
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
5'8" X 9'5"
Flooring:
Ceramic
Details:
Unit 2 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
12'2" X 10'0"
Flooring:
Wood
Details:
Kitchen
Level:
2nd level
Dimensions:
12'6" X 11'3"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
12'4" X 9'7"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
12'2" X 11'0" irr.
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
12'2" X 9'9"
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
9'8" X 8'5"
Flooring:
Wood
Details:
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 62,700
- Building assessment
- $ 129,900
- Total
- $ 192,600
Taxes
- Municipal (2024)
- $ 2,875
- School (2024)
- $ 154
- Total
- $ 3,029
Annual expenses
- Insurance
- $ 1,408
- Snow removal
- $ 600
- Equipment (rental)
- $ 768
- Lawn
- $ 600
- Total
- $ 3,376
Energy expenses
- Electricity
- $ 4,115
- Total
- $ 4,115
Gross annual revenues (potential)
- Residential
- $ 31,200
- Total
- $ 31,200
Inclusions and exclusions
Inclusions
The entirety of the movable property and equipment currently located on the premises, including washers (2) and dryers (2) from the units, as well as the cooktop and refrigerator from unit 1550. (Sold without legal warranty of quality).
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