$479,000

Quadruplex for sale - Sherbrooke (Fleurimont)

$479,000

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$479,000

Quadruplex for sale - Sherbrooke (Fleurimont)

$479,000

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940 Rue Papineau, Sherbrooke (Fleurimont), J1E 1Z3

This property is a "60s style" quadruplex, unique in its spaciousness and size, featuring stable tenants and increase of potential revenues. Impeccably maintained, with several renovations and energy upgrades. Be the first to discover this gem and make a safe and secure investment.

  • Lot area: 8,138 SF
  • NUMBER OF ROOMS : 20
  • Year built : 1968
MAXIM MESSIER
Real Estate Broker
DANIELLE ST-VINCENT
Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

54'1" X 34'1" Irregular

1968

3,671.57 SF

Poured concrete , Concrete slab on ground

Brick

Elastomeric membrane

Addenda
Particularities plusParticularities minus

Quadraplex dressed in brick offering paved parking, fiberglass balconies and enviable tenants. Situated near the corner of 13th avenue, the property is divided into four identical apartments: 4 ½ composed of a living room, large kitchen with dining area and washer/dryer facility, two large bedrooms, bathroom and balcony. Utilities, hydro, hot water and heating are at the charge of the tenants. The basement consists of a mechanical room and individual storage spaces. The building has four electrical entrances plus one for the common areas. Each apartment is individually heated with baseboards. This is a property offers stability and tranquility for its owner.

- Very well situated close to downtown, CHUS, Sylvie-Daigle Park and a number of sporting and cultural venues. Close to UdeSherbrooke, CEGEP Sherbrooke, Bishop's University, several minutes from the hospital, walking distance to shops, etc.

- The property presents an opportunity for an investment in an area undergoing expansion, with minimal upkeep and a full tenancy. Act quickly!

Building details and property interior
Particularities plusParticularities minus

54'1" X 34'1" Irregular

1968

3,671.57 SF

Poured concrete , Concrete slab on ground

Brick

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

75' X 100' Irregular

8,137.52 SF

Flat

Asphalt

Driveway : 6

Highway , CEGEP , Daycare centre , Hospital , Park , Elementary school , High school , Public transportation

Residential

Room details
Particularities plusParticularities minus
Unit Room Level Dimensions Flooring Description
1 (app.) Living room 1st level/Ground floor 13' X 10'7" Laminate floor
1 (app.) Kitchen 1st level/Ground floor 15'4" X 12'3" Linoleum Dining room + W/D
1 (app.) Bedroom 1st level/Ground floor 13' X 11' Linoleum
1 (app.) Bedroom 1st level/Ground floor 11'3" X 11' Linoleum
1 (app.) Bathroom 1st level/Ground floor 7'6" X 4'9" Linoleum
2 (app.) Living room 1st level/Ground floor 13' X 10'7" Laminate floor
2 (app.) Kitchen 1st level/Ground floor 15'4" X 12'3" Linoleum Dining room + W/D
2 (app.) Bedroom 1st level/Ground floor 13' X 11' Linoleum
2 (app.) Bedroom 1st level/Ground floor 11'3" X 11' Linoleum
2 (app.) Bathroom 1st level/Ground floor 7'6" X 4'9" Linoleum
3 (app.) Living room 2nd level 13' X 10'7" Laminate floor
3 (app.) Kitchen 2nd level 15'4" X 12'3" Linoleum Dining room + W/D
3 (app.) Bedroom 2nd level 13' X 11' Linoleum
3 (app.) Bedroom 2nd level 11'3" X 11' Linoleum
3 (app.) Bathroom 2nd level 7'6" X 4'9" Linoleum
4 (app.) Living room 2nd level 13' X 10'7" Laminate floor
4 (app.) Kitchen 2nd level 15'4" X 12'3" Linoleum Dining room + W/D
4 (app.) Bedroom 2nd level 13' X 11' Linoleum
4 (app.) Bedroom 2nd level 11'3" X 11' Linoleum
4 (app.) Bathroom 2nd level 7'6" X 4'9" Linoleum
Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Dishwasher, apt 1.

Furniture and personal belongings of the tenants.

Financial details
Particularities plusParticularities minus
Assessment (2020)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
Energy
940 Rue Papineau, Sherbrooke (Fleurimont), J1E 1Z3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 34.9%
  • 19.1%
  • 19.4%
  • 10.8%
  • 10.3%
  • 12.2%
  • 0.4%
  • 9.6%
  • 77.6%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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MAXIM MESSIER
Real Estate Broker
DANIELLE ST-VINCENT
Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2020)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
Energy
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