$780,000
ULS: 19971805
5-6-7-Plex for sale - Sherbrooke (Fleurimont)
551 - 555 Rue du Conseil, Sherbrooke (Fleurimont)
Superb income property generating nearly $67,032 per year, located in a highly sought-after area and easy to rent. Recently renovated, the property includes three 4 1/2s, two 3 1/2s and a loft. The units at 254 and 256 are currently being renovated by the seller, offering an excellent opportunity for a buyer wishing to finalize the work to his or her liking. Ideal for investors or owner-occupiers looking for a profitable project!
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
MARC-OLIVIER GIRARD
Residential Real Estate Broker
RE/MAX L'ESPACE
KATIA SAMSON
Real Estate Broker
RE/MAX L'ESPACE
Addendum
Great business opportunity! Zoning allows the establishment of different businesses. On a busy street like rue Conseil, the buyer will have a great opportunity to set up his own business or rent a commercial space to an entrepreneur.
Several major renovations done recently.
Currently a quadruplex, the building currently houses 5 units.
3 1/2 #254 - Vacant - Rental Value 950$
3 1/2 #256 Rented- 950$
5 1/2551 - Vacant - Rental Value 1200$
4 1/2553 - Rented- 936$
4 1/2555 - Rented- 1100$
Several major renovations done recently.
Currently a quadruplex, the building currently houses 5 units.
3 1/2 #254 - Vacant - Rental Value 950$
3 1/2 #256 Rented- 950$
5 1/2551 - Vacant - Rental Value 1200$
4 1/2553 - Rented- 936$
4 1/2555 - Rented- 1100$
Building details and property interior
Dimensions
30' 9" X 55' 11" irr.
Year constructed
1940
Windows
PVC
Window Type
Guillotine
Garage
Detached, Single width
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot area
6,764 ft²
Driveway
Unpaved
Parking (total)
Garage (1), Driveway (8)
Proximity
Hospital, Park, Public transportation, Highway, CEGEP
Room details
Unit 1 (Monthly residential revenue)
Kitchen
Level:
1st level/Ground floor
Dimensions:
13'1" X 11'8"
Flooring:
Laminate floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
6'11" X 12'5"
Flooring:
Ceramic
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
14'2" X 9'
Flooring:
Wood
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
15'11" X 9'7"
Flooring:
Laminate floor
Details:
Unit 2 (Monthly residential revenue)
Kitchen
Level:
2nd level
Dimensions:
13'1" X 11'8"
Flooring:
Laminate floor
Details:
Bathroom
Level:
2nd level
Dimensions:
6'11" X 12'5"
Flooring:
Ceramic
Details:
Bedroom
Level:
2nd level
Dimensions:
14'2" X 9'
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
15'11" X 9'7"
Flooring:
Laminate floor
Details:
Unit 3 (Monthly residential revenue)
Dining room
Level:
2nd level
Dimensions:
11'11" X 11'7"
Flooring:
Ceramic
Details:
Living room
Level:
2nd level
Dimensions:
14'11" X 11'9" irr.
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
11'2" X 11'7"
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
12' X 7'
Flooring:
Ceramic
Details:
Unit 4 (Monthly residential revenue)
Bedroom
Level:
Basement 1
Dimensions:
12'1" X 8'10"
Flooring:
Vinyle
Details:
Kitchen
Level:
Basement 1
Dimensions:
12'11" X 7'3"
Flooring:
Vinyle
Details:
Bathroom
Level:
Basement 1
Dimensions:
4'7" X 13'
Flooring:
Ceramic
Details:
Storage
Level:
Basement 1
Dimensions:
7'9" X 13'5"
Flooring:
Vinyle
Details:
Unit 5 (Monthly residential revenue)
Rooms not detailed
Unit 6 (Parking/Garages)
Rooms not detailed
Unit 7 (Other)
Rooms not detailed
Characteristics
Heating System
Electric baseboard units, Convection baseboards
Heating Energy
Electricity
Property or unit amenity
Air exchange system, Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Double
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 272,700
- Building assessment
- $ 357,500
- Total
- $ 630,200
Taxes
- Municipal (2024)
- $ 6,111
- School (2024)
- $ 304
- Total
- $ 6,415
Annual expenses
- Management/Administration
- $ 2,000
- Elevator(s)
- $ 2,200
- Total
- $ 4,200
Energy expenses
- Electricity
- $ 1,836
- Total
- $ 1,836
Gross annual revenues (potential)
- Residential
- $ 61,632
- Parking
- $ 4,200
- Other
- $ 1,200
- Total
- $ 67,032
Inclusions and exclusions
Exclusions
Personal belongings of the tenants
Mortgage payment calculator
$
$
$
%