5 bedrooms
3 bathrooms
Lot dimensions 9 886.65 ft² (918.5 m²)

Owners’ comments

Automated translation

Located near all services, this charming duplex in the heart of Sherbrooke offers two beautiful accommodations. 1 X 4 ½ rooms and 1 X 6 ½ rooms on two floors, renovated and maintaining the charm of the time. The 6 ½ includes a very large wooden kitchen, two bathrooms and two independent entrances. Backyard with bunk patios and two large sheds. The building offers large galleries on the front as well as two galleries at the back which give a magnificent view of the city center.

Current income of $22,680/year! and $23,580 in July 2024

*** Photo coming soon for the 4 1/2 unit on the 2nd floor***

Addenda

Unit details: # 399:4 ½ room apartment located on the 2nd floor, rented $550/month, nothing included, until June 30, 2024. The accommodation has two large galleries, two bedrooms, a large kitchen and a washer-dryer entrance

.

# 397:6 ½ room apartment on two floors located on the ground floor and in the basement, rented 1340/month, nothing included, until June 30, 2024. The unit includes two full bathrooms, including the one in the basement that was completely renovated in 2021. The accommodation includes two distinct exterior entrances as well as a very large up-to-date kitchen.


The duplex offers the possibility of generating substantial annual income. Current rental income of $22,680 per year.

The tenants of each unit each have access to an independent shed. Each tenant benefits from a gallery in front as well as a gallery at the back.


The property is located less than 1 km from Hôtel-Dieu Hospital, less than 2 km from Cégep de Sherbrooke, 6 km from the 24 June Professional Center and less than 7 km from Fleurimont Hospital.


This does not constitute an offer or promise that may bind the seller to the buyer, but an invitation to submit such offers or promises.

3D tour available for #397. Housing visit upon accepted promise to purchase. 24 hours notice for visits.


Sale without legal warranty of quality, at the risk and peril of the buyer.

*****Both rents are renewed until July 1, 2025*****

Complete Description
Complete Description

Property features

Asking Price
$366,000
Details
New price
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Number of parkings
4
Municipal evaluation's date
2022
Lot's municipal evaluation
$84,400
Building's municipal evaluation
$115,500
Taxes year
2022
2 Bedroom
1
4 Bedroom and more
1
Bedrooms (total)
3

External facing:

  • Wood
  • Cedar shingles

Foundation:

  • Rock

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Hardwood
  • Linoleum

Windows:

  • Wood
  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps

Features:

  • Shed
  • Ceiling fixtures

Kitchen:

  • Wooden cabinets
  • Melamine cabinets

Bathroom:

  • Bath and shower
  • Separate Shower

Basement:

  • Totally finished

Upgrades:

  • Floors
  • Bathrooms
  • Basement

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Panoramic view
  • Hedged
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Hospital
  • Medical center

Near Educational Services:

  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Dining Room / Kitchen
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Entrance
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Kitchen
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Living room
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Bathroom
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Bedroom 2
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Dining room
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Entrance
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Kitchen
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Living room
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Bathroom
Storey: Basement
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Linoleum
Bedroom 3
Storey: Basement
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Linoleum
Family room
Storey: Basement
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Linoleum

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$14.63
$175.60
Municipal taxes
$229.12
$2,749.42
Insurance
$134.67
$1,616.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$1,835.00
$22,020.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$366,000

Duplex for sale

397-399, rue Kennedy Sud

Sherbrooke (Fleurimont) Estrie

No. 1001731

New price
Contact the owner
Contact the owner