$999,000

Quadruplex for sale - Sherbrooke (Lennoxville)

$999,000

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$999,000

Quadruplex for sale - Sherbrooke (Lennoxville)

$999,000

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3192 - 3198 Rue College, Sherbrooke (Lennoxville), J1M 2J7

Strategically located in Lennoxville, this revenue property dressed in brick is being offered for the first time in 35 years. Its prime location is complemented by its proximity to Bishop's University, Champlain College, University of Sherbrooke and public transportation. The property consists of 4 generously sized apartments and features many updated and improvements over the years, it will appeal to those seeking a turnkey investment property. It features many exterior parking spaces, individual entrances, and laundry facilities. An excellent opportunity not to be missed.

  • Lot area: 10,086 SF
  • NUMBER OF ROOMS : 16
  • Year built : 1989
MAXIM MESSIER INC.
Real Estate Broker
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Building details and property interior
Particularities plusParticularities minus

49' X 44'11" Irregular

1989

4,365.84 SF

Wood , PVC

Poured concrete , Concrete slab on ground

Brick

Asphalt shingles

Wood , Ceramic , Flexible floor coverings , Laminate floor , Carpet

Addenda
Particularities plusParticularities minus

3192-3198 College Street, Quadruplex.


- Reliable, long-term tenants in place.
- Prime location within walking distance of Bishop's University and Champlain College; just minutes from the University of Sherbrooke.
- Conveniently located steps from Sherbrooke's public transit network.
- In-unit laundry in every apartment.
- Private entrances for each unit.
- Full brick exterior for durability and curb appeal.
- Ample on-site parking.
- Low-maintenance property.


# 1. Unit 3192
7 ½ Spread on two levels. You'll find the main living areas with 3 generously-sized bedrooms and a bathroom on the main floor. The basement level offer a extra room, office area and abundance of storage. Private entrance, laundry area, parking and many more features.

- All included, $842/m.
- Potential of $1 600/m.


# 2. Unit 3194
5 ½ This upstairs unit offer 3 bedrooms with a private front balcony. Private entrance, laundry area, parking and many more features.

- Nothing included, $1248/m.


# 3. Unit 3196
13 ½ Two level apartment with high-end finishing and many updates. Elegant open concept living area with dining room, kitchen with plenty of prep space and granite countertops. The main floor offers a large master bedroom, second bedroom and hardwood floors. The basement offers a family room, five bedroom, full kitchen, and two bathroom. Two private entrances, laundry area, parking and many more features.

- All included, $3 200/m.


# 4. Unit 3198
5 ½ This upstairs unit offer 3 bedrooms with a private front balcony. Private entrance, laundry area, parking and many more features.

- All included, $ 1 500/m.


Total annual income of $81,480.


-Located in the heart of Lennoxville, close to shops, services, Centennial Park, bike paths, St-Antoine and LES elementary schools, Alexander Galt, CEJEP Champlain and Bishop's University. Highway 410 is minutes away.

- The buyer will have to verify with authorities to obtain confirmation and compliance with the relevant zoning requirements and authorizations.

- Zone H1512. H-8 (4 to 8 dwellings). According to the municipality, only a quadruplex(4) is allowed.

- Visit on accepted promise to purchase only.

Building details and property interior
Particularities plusParticularities minus

49' X 44'11" Irregular

1989

4,365.84 SF

Wood , PVC

Poured concrete , Concrete slab on ground

Brick

Asphalt shingles

Wood , Ceramic , Flexible floor coverings , Laminate floor , Carpet

Lot and exterior features
Particularities plusParticularities minus

92' X 109'11" Irregular

10,085.78 SF

Bordered by hedges , Landscaped

Flat

Unpaved

Driveway : 8

Highway , CEGEP , Daycare centre , Golf , Elementary school , High school , Public transportation , University

Residential

Room details
Particularities plusParticularities minus
Unit Room Level Dimensions Flooring Description
1 (app.) Living room 1st level/Ground floor 18'3" X 11'3" Wood
1 (app.) Dining room 1st level/Ground floor 12'4" X 6'7" Wood
1 (app.) Kitchen Garden Level 11'3" X 7'3" Wood
1 (app.) Bedroom Garden Level 16'1" X 11'2" Wood
1 (app.) Bedroom Garden Level 13'3" X 11'3" Carpet
1 (app.) Bathroom Garden Level 7'9" X 8'3" Ceramic
1 (app.) Family room Basement 1 17'9" X 11'4" Carpet
1 (app.) Bedroom Basement 1 10'1" X 11' Carpet
1 (app.) Bathroom Basement 1 8' X 4'8" Ceramic
1 (app.) Kitchen Basement 1 3' X 3' irr. Carpet
1 (app.) Living room Basement 1 3' X 3' irr. Flexible floor coverings
1 (app.) Bedroom Basement 1 3' X 3' irr. Carpet
1 (app.) Bedroom Basement 1 3' X 3' irr. Carpet
1 (app.) Bedroom Basement 1 3' X 3' irr. Carpet
1 (app.) Bedroom Basement 1 3' X 3' irr. Carpet
1 (app.) Bathroom Basement 1 3' X 3' irr. Flexible floor coverings
Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Central vacuum cleaner system installation , Wall-mounted heat pump

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Curtains, blinds, rods, light fixtures, wall mounted air conditioning. 3196: 4 appliances and most of the furnitures. 3198: 4 appliances and some fourniture.

Personal belongings and furniture.

Financial details
Particularities plusParticularities minus
Assessment (2024)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Energy
3192 - 3198 Rue College, Sherbrooke (Lennoxville), J1M 2J7
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 12.6%
  • 21.0%
  • 14.3%
  • 23.0%
  • 29.1%
  • 22.1%
  • 11.0%
  • 0.8%
  • 66.1%
  • 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 INC.
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2024)
Taxes
  • (2025)
  • (2024)
Gross yearly revenu (potential)
Energy
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