835 Rue Malouin, Sherbrooke (les Nations), QC J1J3B7
835 Rue Malouin, Sherbrooke (les Nations), QC J1J3B7
835 Rue Malouin, Sherbrooke (les Nations), QC J1J3B7
835 Rue Malouin, Sherbrooke (les Nations), QC J1J3B7
835 Rue Malouin, Sherbrooke (les Nations), QC J1J3B7
835 Rue Malouin, Sherbrooke (les Nations), QC J1J3B7
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Listed by Jacob Saey Williamson
$ 1,250,000
Est. payment | /mo

3 Beds

1 Bath

4,212 SqFt


Save
$ 1,250,000
Est. payment | /mo
Save

3 Beds

1 Bath

4,212 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Sixplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,212 sqft

Price per Sqft $296

MLS Listing ID 28310348

Style Detached

Bedrooms 3

Year Built 1958

Lot Size 9,008 Sqft

Property Sub-Type Sixplex

Property Description

Investment opportunity in the heart of Sherbrooke! This superb, well-maintained quintuplex features five 5½-room units, each with 3 bedrooms and 1 bathroom and also a new 4 and a half in the basement. The property offers 9 parking spaces as well as a large detached garage that can generate additional income. Excellent potential for optimization, with the possibility of converting the basement into an additional unit. Located in a vibrant neighborhood near schools, shops, essential services, public transportation, and with quick access to the highways. An ideal property for an investor!

Welcome to this superb five-unit apartment building located in the heart of Sherbrooke--a highly attractive investment opportunity in a dynamic and sought-after neighborhood. The building is very well maintained and comprises five 5½-room units, each featuring three bedrooms and one bathroom; also a new 4 and a half these spacious and functional units are particularly popular with tenants.

The property features nine parking spaces as well as a large detached garage that can be used by the owner or generate additional income. The building also offers excellent potential for renovation, with the possibility of converting the basement into an additional unit, thereby increasing rental income.

Its strategic location is a major advantage: public transportation, quick access to highways, and a variety of nearby schools, daycare centers, shops, and essential services make daily life easier for residents.

Whether you're an investor or an owner-occupier looking to purchase a profitable property with growth potential, this property represents an ideal opportunity to expand your real estate portfolio.

It mentions 5 units on the city's tax roll, but this will be changed soon to a 6 units once the unit is finished and the city inspector has come by.

Location

Province QC

Interior

Inclusions Depending on the lease

Exterior

Exterior Feature Depending on the lease

Lot Depth 30.52

Building

Story 2nd floor

Nearby Locations

George Lukasik

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(514) 706-1700

georgelukasik@gmail.com

1111 Dr.-Frederik-Philips, Montreal, QC H4M 2X6, CAN

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835 Rue Malouin