Beautiful Renovated Two-Storey Vinyl Duplex for Sale -- An Excellent Investment Opportunity! Generating gross annual revenues of $31,500, this duplex features a 6½ unit fully renovated in 2022, currently rented for $1,975/month, and a 4½ unit rented for $650/month. Both apartments offer spacious, bright living areas and private entrances. Set on a 4,999 sq. ft. lot, the property includes an asphalt driveway with parking for up to four vehicles. Ideally located near Galt Street West, it is within close proximity to elementary and secondary schools, CEGEP, university, daycares, grocery stores, parks, shops, and restaurants.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Renovated Duplex Offering Excellent Investment Potential in Sherbrooke!
Well-maintained property featuring two spacious units with independent entrances, ideally located close to all essential services. The main unit (6½) offers 4 bedrooms, 2 full bathrooms, and a fully finished basement. It underwent a complete renovation in 2022, including flooring, walls, windows, doors, kitchen, bathrooms, electrical and plumbing systems, as well as a reconfiguration of the interior layout.
The second unit (4½) is also in good condition and its bathroom was completely renovated in 2022.
The building has benefited from several significant improvements in recent years, including basement stabilization work, the installation of a sump pump, and a new electrical panel. Both units are bright, functional, and provide a comfortable living environment for tenants.
Situated on a lot of approximately 4,999 sq. ft., the property features an asphalt driveway and parking space for up to 4 vehicles.
Generating gross annual revenues of $31,500, this property represents an excellent opportunity for investors or owner-occupants looking to benefit from rental income.
Conveniently located near elementary and secondary schools, CEGEP, university, daycare centers, shops, restaurants, parks, sports facilities, the beach, and the hospital, with easy access to public transit.
Unit visits are permitted only upon acceptance of a Promise to Purchase.
Rental Income Unit 1505: 6½, 4 bedrooms, 2 bathrooms -- rented at $1,975/month (appliances and snow removal included) Unit 1507: 4½ -- rented at $650/month (snow removal included) Gross annual income: $31,500
A great investment opportunity in the heart of Sherbrooke!
Building details and property interior
Dimensions
24' 4" X 26' 1" irr.
Year constructed
1939
Window Type
Sliding
Siding
Aluminum
Roofing
Elastomeric membrane
Washer/Dryer (installation)
Powder room
Kitchen Cabinets
Wood, Melamine
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot size
50' X 100'
Lot area
464.50 m²
Topography
Sloped
Parking (total)
Driveway (6)
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Highway, Alpine skiing, High school, Cross-country skiing, Public transportation, University, Elementary school, CEGEP