$749,000
ULS: 13276641
5-6-7-Plex
for sale
551 - 555 Rue du Conseil, Sherbrooke (Fleurimont)
Superb income property generating nearly $67,032 per year, located in a highly sought-after area and easy to rent. Recently renovated, the property includes three 4 1/2s, two 3 1/2s and a loft. Ideal for investors or owner-occupiers looking for a profitable project!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
MARC-OLIVIER GIRARD
Residential Real Estate Broker
Addendum
Great business opportunity! Zoning allows the establishment of different businesses. On a busy street like rue Conseil, the buyer will have a great opportunity to set up his own business or rent a commercial space to an entrepreneur.
Several major renovations done recently.
Currently a quadruplex, the building currently houses 5 units.
3 1/2 #254 - Vacant - Rental Value 950$
3 1/2 #256 Rented- 950$
5 1/2551 - Vacant - Rental Value 1200$
4 1/2553 - Rented- 936$
4 1/2555 - Rented- 1100$
*****************************************************************
Section 16 of the Regulation respecting conditions of
practice for brokerage operations, the ethics of brokers
and advertising provides as follows:
""The licensee who represents a party must inform, as soon
as possible, any other party who is not represented of the
fact that he must protect and promote the interests of the
party he represents while granting fair treatment to the
party who is not represented.""
In order to make an informed decision, you are hereby
informed of the choices available to you, namely :
a) deal directly with the seller's broker and receive fair
treatment;
or
b) deal with your own broker, who will ensure that your
interests are protected.
If you choose to work with your own broker, it is a
recommended that he or she be present during the visit of
the property.
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$
*****************************************************************
Section 16 of the Regulation respecting conditions of
practice for brokerage operations, the ethics of brokers
and advertising provides as follows:
""The licensee who represents a party must inform, as soon
as possible, any other party who is not represented of the
fact that he must protect and promote the interests of the
party he represents while granting fair treatment to the
party who is not represented.""
In order to make an informed decision, you are hereby
informed of the choices available to you, namely :
a) deal directly with the seller's broker and receive fair
treatment;
or
b) deal with your own broker, who will ensure that your
interests are protected.
If you choose to work with your own broker, it is a
recommended that he or she be present during the visit of
the property.
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
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Air exchange system, Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 272,700
- Building assessment
- $ 357,500
- Total
- $ 630,200
Taxes
- Municipal (2025)
- $ 6,813
- School (2024)
- $ 304
- Total
- $ 7,117
Annual expenses
- Management/Administration
- $ 2,000
- Total
- $ 2,000
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
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