2 bedrooms
1 bathroom
Lot dimensions 6,999.77 ft² (650.3 m²)

Owners’ comments

Automated translation

Very well maintained building of 6 units with brick exterior cladding. Prime location very popular with tenants near the university, in the Mont-Bellevue district of Sherbrooke. Peaceful area close to all services.

This building has 6 4 1/2 units. The electricity costs are borne by the tenants. The property has 12 parking lots as well as charging stations for electric vehicles

.

Gross revenues are $79,272 with potential for optimization. Very good tenants. The apartments are very easy to rent.

Sold without legal warranty of quality at the risk and peril of the buyers.

Several repairs and improvements have been carried out over the last 8 years:

  • EPDM membrane roof
  • 4 apartments have been completely renovated (including insulation and soundproofing)
  • Complete Description
    Complete Description

    Property features

    Asking Price
    $1,249,000
    Details
    With income
    Year of construction
    1967
    Building dimensions
    57.02x29.07 ft (17.38x8.86 m)
    Occupation rate
    100
    Certificate of Location
    Yes
    Courtyard orientation
    North
    Number of parkings
    12
    Lot's municipal evaluation
    $123,500
    Building's municipal evaluation
    $573,000
    2 Bedroom
    6

    External facing:

    • Brick

    Foundation:

    • Cast concrete

    Roof:

    • Elastomer membrane

    Heating source:

    • Electric

    Features:

    • Central air
    • Ceiling fixtures
    • Electric vehicle charging station

    Kitchen:

    • Melamine cabinets

    Basement:

    • Totally finished

    Upgrades:

    • Cabinets
    • Kitchen
    • Electrical
    • Insulation
    • Floors
    • Plumbing
    • Doors
    • Bathrooms
    • Painting

    Parking / Driveway:

    • Crushed Gravel

    Location:

    • Near park
    • Residential area
    • Public transportation

    Lot description:

    • Flat geography
    • Hedged
    • Corner lot

    Near Commerce:

    • Supermarket
    • Drugstore
    • Bank
    • Restaurant

    Near Health Services:

    • Dentist

    Near Educational Services:

    • Daycare
    • Kindergarten
    • Elementary school
    • High School
    • University

    Near Recreational Service:

    • Bicycle Path

    Complete list of property features

    Annual and Monthly costs

    Summary of Expenditures
    Monthly
    Annual
    School taxes
    $41.05
    $492.65
    Municipal taxes
    $689.78
    $8,277.34
    Electricity
    $53.55
    $642.59
    Insurance
    $195.93
    $2,351.13

    Annual and Monthly revenues

    Summary of Revenue
    Monthly
    Annual
    Revenues
    $6,606.00
    $79,272.00

    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.

    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.

    Download the legal documents that you need

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    $1,249,000

    6 units or more for sale

    2541 rue Fisette Sherbrooke (Mont-Bellevue) Estrie

    No. 1109553

    With income
    Are you interested in this property?
    Here’s how to contact the owner

    Are you a real estate agent?

    This person mentioned they are registered with the National Do Not Call List (DNCL).
    NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
    Are you interested in this property?
    Here’s how to contact the owner

    Are you a real estate agent?

    This person mentioned they are registered with the National Do Not Call List (DNCL).
    NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.