9 bedrooms
3 bathrooms
Lot dimensions 6 931.96 ft² (644 m²)

Owners’ comments

Are you looking for a triplex that combines the comfort of living, the appeal of green spaces, and proximity to amenities? Look no further, you have found your gem in Sherbrooke!

Before diving into the details, know that this property offers strong income potential. After the current owners vacate, the estimated annual rental income is between $40,000 and $42,000. This makes the triplex a particularly interesting investment opportunity. Continue reading to discover all the features of this exceptional offer.


Welcome to 2175, Chemin Galvin, a charming triplex located in the popular area of Fleurimont. Built on a carefully landscaped plot of land bordered by imposing cedar hedges to the north and west, this building will offer you remarkable tranquility. You'll enjoy the privacy needed to settle down as a family while benefiting from an additional source of income to help pay off your mortgage.


Two of the apartments are currently occupied by the owners. The latter have recently embellished the front flower bed with blueberry and lavender plants, adding a touch of color and nature to your daily environment.


Each high-rise apartment has a large rear balcony to enjoy the summer evenings, as well as a smaller front balcony, ideal for enjoying your morning coffee in peace.


An ideal geographical location makes this triplex an exceptional investment. Within a five-minute drive, you will find two full grocery stores for all your food needs. A pharmacy is also nearby for your convenience. For families, the Desranleau primary school is located at the bottom of the street, making school trips for your children more than easy.


Finally, do not miss the significant advantage of the six parking spaces available, thus simplifying the life of all residents.


Currently, the income from this building is $12,180 per year, as the owners occupy two of the three apartments. However, with their departure during the sale, these units will be available, thus offering an exceptional opportunity to substantially increase rental income. Indeed, the strong demand and proximity to essential services make this triplex a prime real estate investment. You can therefore re-let these apartments at the market price and optimize your return on investment. The potential profitability of this property therefore greatly exceeds the current income and could constitute a significant financial lever for your real estate assets.


Do not hesitate to contact us to organize a visit. 2175, Chemin Galvin is waiting for you to write a new chapter in your life!

 


Summary of the current lease:

  • WIFI internet is provided by the current owner to the entire building.
  • Electricity, hot water, and heating are the responsibility of the residents of each apartment
  • Two (2) parking spaces are assigned to each unit.
  • Responsibility for snow removal from balconies is assumed by the tenants, while snow removal from parking lots is provided by the owner.
  • Building regulations are appended to the lease, as are conditions for internet use.
  • Only one (1) animal is tolerated per dwelling, and an appendix is added to the lease to regulate this practice.
  • Please note that only one lease is currently in progress in the building.
    The opportunity to conclude new leases is therefore a major advantage of this investment, allowing you to maximize income while establishing the rental terms that suit you.

 

 

*Information in this announcement is subject to change without notice. Please confirm any information with the seller. This does not constitute an offer or a promise that could bind the seller to the buyer, but an invitation to submit such offers or promises. Sale without legal warranty of quality, at the risk and peril of the buyer. We used Google Translate to write the ad in English. Please read the announcement in French first to reduce the risk of bad translations.

Complete Description
Complete Description

Property features

Details
Urgent
Year of construction
1980
General condition
Very good
Certificate of Location
Yes
Municipal evaluation's date
2022
Lot's municipal evaluation
$74,700
Building's municipal evaluation
$175,400
Taxes year
2023
3 Bedroom
3
Bedrooms (total)
9

Heating source:

  • Electric

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Near park
  • Residential area
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant

Near Health Services:

  • Hospital
  • Dentist

Near Educational Services:

  • Daycare
  • Elementary school
  • College

Complete list of property features

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Triplex

Sherbrooke (Fleurimont) Estrie

No. 1048348

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