$599,999

Triplex for sale

1971 Rue Denault Sherbrooke (Mont-Bellevue) Estrie

Name: 1971 Rue Denault, Sherbrooke (Mont-Bellevue) for sale
SKU: 1113921
Price: 599999 CAD
Availability: InStock

No. 1113921

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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.

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The steps involved in buying a property Buy

Are you interested in this property?

Here’s how to contact the owner

Send a message

Are you a real estate agent?

3 bedrooms

1 bathroom

Lot dimensions 4 999.84 ft² (464.5 m²)

Owners’ comments

Automated translation

Original comments

Triplex with strategic location near the University of Sherbrooke.

Excellent profitability: the income pays the mortgage, the meters are independent and the building offers additional income opportunities.

All-brick building located on a quiet street, within walking distance of the University of Sherbrooke and close to services. This sought-after location ensures strong rental demand and represents a great opportunity for investors

Several parking spaces and three units with washer/dryers.

A secure investment offering stability and growth potential, all in a popular area in Sherbrooke.

Visit upon accepted purchase offer.

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

Triplex avec emplacement stratégique près de l'Université de Sherbrooke.

Excellente rentabilité : les revenus paient l'hypothèque, les compteurs sont indépendants et l'immeuble offre des possibilités de revenus supplémentaires.

Immeuble tout en brique situé sur une rue tranquille, à distance de marche de l'Université de Sherbrooke et à proximité des services. Cet emplacement recherché assure une forte demande locative et représente une opportunité de choix pour investisseurs.

Plusieurs espaces de stationnement et trois logements avec laveuse/sécheuse.

Un investissement sécuritaire offrant stabilité et potentiel de croissance, tout ça dans un secteur prisé de Sherbrooke.

Visite sur offre d'achat acceptée.

Vente sans garantie légale, aux risques et périls de l'acheteur.

Complete Description

Property features

Asking Price

$599,999

Details

With income

Year of construction

1964

Building dimensions

32.28x40.29 ft (9.84x12.28 m)

Occupation rate

100

Number of parkings

Lot's municipal evaluation

$92,000

Building's municipal evaluation

$421,600

Annual income

$32,010.00

2 Bedroom

3 Bedroom

External facing:

Brick

Foundation:

Cast concrete
Concrete block

Roof:

Elastomer membrane

Heating source:

Hot water

Kitchen:

Wooden cabinets

Basement:

Partially finished
Separate entrance
Potential income

Upgrades:

Heating
Electrical
Basement

Location:

Residential area
Public transportation

Near Commerce:

Drugstore
Restaurant

Near Educational Services:

University

Complete list of property features

Annual and Monthly costs

School taxes

$25.73

$308.76

Municipal taxes

$436.85

$5,242.23

Electricity

$40.22

$482.70

Insurance

$159.31

$1,911.72

More info on the costs involved in buying a property

Annual and Monthly revenues

Revenues

$2,667.50

$32,010.00

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.

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.

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.

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.

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.

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