1151 Rue De L'esplanade - Apartments FOR SALE


Sherbrooke, QC J1H 1S9- Central District
$1,299,000 CAD
819-820-8363
1151 Rue De L'esplanade, Sherbrooke, QC for Sale
$1,299,000 CAD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1151 Rue De L'esplanade
Sherbrooke, QC J1H 1S9
Central District


HIGHLIGHTS

  • Located directly opposite Lac des Nations with unobstructed views.
  • Comprises seven residential units, including six 4½-room apartments and one loft.
  • Brick-clad exterior promotes longevity and reduces maintenance requirements.

OVERVIEW

Building of 7 apartments ideally located directly facing Lac des Nations, in a highly sought-after area. Composed of 6 4 1/2 apartments and a loft, it offers excellent potential for income optimization. The recent conversion of the heating system to convectors significantly reduces energy costs, which are now borne by tenants (except for the loft). An interesting opportunity for an investor looking for a well-located building with potential.

FOR SALE DETAILS

PRICE

$1,299,000 CAD

PRICE/SF

$216 CAD /SF

# OF UNITS

7

PRICE/UNIT

$185,571

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jean-Francois BérubéRoyal LePage Evolution EBMore Info
819-820-8363

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Jean-Francois BérubéRoyal LePage Evolution EBMore Info
819-820-8363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.