$990,000
Quadruplex for sale - Sherbrooke (Lennoxville)
$990,000
$990,000
Quadruplex for sale - Sherbrooke (Lennoxville)
$990,000
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3192 - 3198 Rue College, Sherbrooke (Lennoxville), J1M 2J7
Strategically located in Lennoxville, this revenue property dressed in brick is being offered for the first time in 35 years. Its prime location is complemented by its proximity to Bishop's University, Champlain College, University of Sherbrooke and public transportation. The property consists of 5* generously sized apartments and features many updated and improvements over the years, it will appeal to those seeking a turnkey investment property. It features many exterior parking spaces, individual entrances, and laundry facilities. An excellent opportunity not to be missed.
-
Lot area:
10,086 SF - NUMBER OF ROOMS : 9
- Year built : 1989
Building details and property interior
48'10" X 44'10"
1989
4,365.84 SF
Wood , PVC
Poured concrete , Concrete slab on ground
Brick
Asphalt shingles
Wood , Ceramic , Flexible floor coverings , Laminate floor , Carpet
Addenda
3192-3198 College Street.
- Good and stable tenants for many years.
- Strategically located within walking distance from Bishop's University and Champlain College. Minutes from University of Sherbrooke.
- Steps away from Sherbrooke's public transport.
- Laundry facility in every apartment.
- Individual entrances.
- Brick all around.
- Many parking spaces.
- Low maintenance property.
The current rents are below market value, there is potential to increase rental income. Minor upgrade and changes could contribute to enhanced returns.
1.Unit 3192
7 ½ Spread on two levels. You'll find the main living areas with 3 generously-sized bedrooms and a bathroom on the main floor. The basement level offer a extra room, office area and abundance of storage. Private entrance, laundry area, parking and many more features.
- All included, $810/m.
- Potential of $1 600/m.
2.Unit 3194
5 ½ This upstairs unit offer 3 bedrooms with a private front balcony. Private entrance, laundry area, parking and many more features.
- Nothing included, $1200/m.
3.Unit 3196-A
6 ½ Owner occupant apartment with high-end finishing and many updates. Elegant open concept living area with dining room, kitchen with plenty of prep space and granite countertops. The main floor offers a large master bedroom, second bedroom and hardwood floors. The basement offers a family room, extra room, and bathroom. Private entrance, laundry area, parking and many more features.
- Owner occupant, potential of $1 600/m.
4.Unit 3196-B
6 ½ Basement apartment with 4 bedrooms and 1 bathrooms. Private entrance, laundry area, parking and many more features.
- All included, $1 410/m.
5.Unit 3198
5 ½ This upstairs unit offer 3 bedrooms with a private front balcony. Private entrance, laundry area, parking and many more features.
- All included, $ 1 200/m.
-Located in the heart of Lennoxville, close to shops, services, Centennial Park, bike paths, St-Antoine and LES elementary schools, Alexander Galt, CEJEP Champlain and Bishop's University. Highway 410 is minutes away.
- The buyer will have to verify with authorities to obtain confirmation and compliance with the relevant zoning requirements and authorizations.
- Zone H1512. H-8 (4 to 8 dwellings). According to the municipality, only a quadruplex(4) is allowed.
- Visit on accepted promise to purchase only.
Building details and property interior
48'10" X 44'10"
1989
4,365.84 SF
Wood , PVC
Poured concrete , Concrete slab on ground
Brick
Asphalt shingles
Wood , Ceramic , Flexible floor coverings , Laminate floor , Carpet
Lot and exterior features
92' X 110' Irregular
10,085.78 SF
Bordered by hedges , Landscaped
Flat
Unpaved
Driveway : 8
Highway , CEGEP , Daycare centre , Golf , Elementary school , High school , Public transportation , University
Residential
Room details
| Unit | Room | Level | Dimensions | Flooring | Description |
|---|---|---|---|---|---|
| 1 (app.) | Living room | 1st level/Ground floor | 18'3" X 11'3" | Wood | |
| 1 (app.) | Dining room | 1st level/Ground floor | 12'4" X 6'7" | Wood | |
| 1 (app.) | Kitchen | Garden Level | 11'3" X 7'3" | Wood | |
| 1 (app.) | Bedroom | Garden Level | 16'1" X 11'2" | Wood | |
| 1 (app.) | Bedroom | Garden Level | 13'3" X 11'3" | Carpet | |
| 1 (app.) | Bathroom | Garden Level | 7'9" X 8'3" | Ceramic | |
| 1 (app.) | Family room | Basement 1 | 17'9" X 11'4" | Carpet | |
| 1 (app.) | Bedroom | Basement 1 | 10'1" X 11' | Carpet | |
| 1 (app.) | Bathroom | Basement 1 | 8' X 4'8" | Ceramic |
Characteristics
Electric baseboard units
Electricity
Central vacuum cleaner system installation , Wall-mounted heat pump
Municipality
Municipality
Included & Excluded
Curtains, blinds, rods, light fixtures, wall mounted air conditioning. 3196: 4 appliances and most of the furnitures. 3198: 4 appliances and some fourniture.
Personal belongings and furniture.
Financial details
Assessment (2024)
Taxes
- (2024)
- (2023)
Gross yearly revenu (potential)
Energy
NEIGHBOURHOOD STATISTICS
-
12.6%
-
21.0%
-
14.3%
-
23.0%
-
29.1%
-
22.1%
-
11.0%
-
0.8%
-
66.1%
-
0.0%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Assessment (2024)
Taxes
- (2024)
- (2023)
Gross yearly revenu (potential)
Energy
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MAXIM MESSIER INC.
RE/MAX D'ABORD | 157 boul. Jacques-Cartier Sud, Sherbrooke (Les Nations), Québec, J1J 2Z4
- Ofc. : 819-822-2222 |
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FRANCINE POIRIER
RE/MAX D'ABORD | 157 boul. Jacques-Cartier Sud, Sherbrooke (Les Nations), Québec, J1J 2Z4
- Ofc. : 819-822-2222 |
- Cell. : 819-822-2222
- Fax : 819-564-1141
Get more details
Hello, my name is MAXIM MESSIER INC., real estate broker. Contact me for more information.
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.