àProjected annual revenue of $42,540 as of July 1st. Brick fourplex comprising four bright 4½ units with hardwood floors. Each unit offers a functional layout with an open-concept kitchen and living area. All units are currently rented, with the possibility of occupying one unit as of July 1st. Ideal for an owner-occupant or investor. Located in a sought-after area of Sherbrooke, close to schools, shops, and public transportation.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Brick fourplex, a sought-after investment opportunity!
Unit Configuration: 4 x 4½ units
All four leases are currently in effect. Inclusions and exclusions for each unit are as specified in the leases.
The owner covers the costs of internet as well as snow removal for the parking area. All other services are at the tenants' expense.
Unit Details:
Unit 1060: 4½ unit located on the ground floor, currently rented at $1,145/month. The unit will be available as of July, offering an excellent opportunity for an owner-occupant or to maximize rental income. Semi-furnished unit including stove, refrigerator, washer, and dryer.
Unit 1062-1: Currently rented at $550/month, with a signed increase to $800/month starting in July.
Unit 1062-2: Currently rented at $680/month, with a signed increase to $800/month starting in July.
Unit 1064: Currently rented at $610/month, with a signed increase to $800/month starting in July.
Building details and property interior
Dimensions
37' 8" X 43' 8" irr.
Year constructed
1951
Windows
PVC
Window Type
Sliding
Siding
Brick
Roofing
Asphalt and gravel
Kitchen Cabinets
Melamine
Basement
Unfinished, Outdoor entrance, 6 feet and more
Lot and exterior features
Lot size
50' X 100'
Lot area
4,999.83 ft²
Topography
Flat
Driveway
Other, Asphalt
Parking (total)
Driveway (2)
Proximity
Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, University, Daycare centre, CEGEP