6 bedrooms
2 bathrooms
2 half baths
Lot dimensions 744.6 m² (8 014.81 ft²)

Owners’ comments

Motivated seller. Come visit. Price already very inviting for the sale of this duplex with income.

Was renovated in 2011:

  • Replacement of all floor surfaces
  • 100% electricity replaced
  • 100% plumbing replaced
  • Insulate the attic
  • Repainted and maintained since
  • A kitchen 100% redone and the other restored
  • One of the hot water tanks was replaced in 2018 and the other one in 2011
  • Basement wall was insulated with urethane
  • Elastomer particles on the foundations
  • The driveway is paved
  • Parking spaces 4-5
  • And kept in good condition since ...

 

In 2019-2020 units are rented at $ 780 / month with 12 months lease

Total of 18,720 annually

***** Super opportunity and selling price is 9.9 times the gross income !!!

Enjoy a high return and finally invest in real estate :)

Call or text quickly ...

Complete Description
Complete Description

Property features

Asking Price
$186,000
Style
4 seasons
Details
New price
Building dimensions
88.41 m² (951.64 ft²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
5
Municipal evaluation's date
2019
Lot's municipal evaluation
$84,400
Building's municipal evaluation
$103,900
Taxes year
2019
Mortgage balance
$175,000
3 Bedroom
2
Bedrooms (total)
6

External facing:

  • Vinyl Siding

Foundation:

  • Rock

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • Wood

Heating source:

  • Electric

Electric system:

  • 100 amps
  • Breakers panel

Features:

  • Window coverings
  • Blinds
  • Ventilator

Kitchen:

  • Wooden cabinets
  • Melamine cabinets
  • Island
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower

Basement:

  • Concrete
  • Separate entrance

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Insulation
  • Floors
  • Plumbing
  • Bathrooms
  • Basement
  • Roof
  • Gutters
  • Painting
  • Foundation

Parking / Driveway:

  • Asphalt
  • Double drive
  • Outside
  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Mountain geography
  • Mature trees

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • College

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 5' 8" x 5' (1,73 m x 1,52 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 12' 4" x 13' (3,76 m x 3,96 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 11' 3" x 10' 8" (3,43 m x 3,25 m)
Flooring: Laminate
Bedroom 3
Storey: Main floor
Dimensions: 12' 4" x 8' 8" (3,76 m x 2,64 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 13' 11" x 13' 8" (4,24 m x 4,17 m)
Flooring: Laminate
Living room
Storey: Main floor
Dimensions: 10' 8" x 10' 8" (3,25 m x 3,25 m)
Flooring: Laminate
Bathroom
Storey: 1st floor
Dimensions: 6' 8" x 5' (2,03 m x 1,52 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 1st floor
Dimensions: 13' 4" x 13' 2" (4,06 m x 4,01 m)
Flooring: Laminate
Bedroom 2
Storey: 1st floor
Dimensions: 13' 2" x 9' 4" (4,01 m x 2,84 m)
Flooring: Laminate
Bedroom 3
Storey: 1st floor
Dimensions: 12' 9" x 7' 1" (3,89 m x 2,16 m)
Flooring: Laminate
Kitchen
Storey: 1st floor
Dimensions: 13' 11" x 13' 8" (4,24 m x 4,17 m)
Flooring: Laminate
Living room
Storey: 1st floor
Dimensions: 10' x 9' 7" (3,05 m x 2,92 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$24.76
$297.16
Municipal taxes
$219.78
$2,637.32
Electricity
$254.34
$3,052.02
Maintenance fees
$25.00
$300.00
Insurance
$71.58
$858.92

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$1,520.00
$18,240.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

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Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$186,000

Duplex for sale

106-108 rue Bowen Nord

Sherbrooke (Fleurimont) Estrie

No. 848717

New price
Contact the owner
Contact the owner