151 Av 7E S - Apartments FOR SALE


Sherbrooke, QC J1G 2M9- East District
$850,000 CAD
514-360-3603

NO PHOTO

$850,000 CAD
Apartments - FOR SALE
null | 3.64% Cap Rate

151 Av 7E S
Sherbrooke, QC J1G 2M9
East District


HIGHLIGHTS

  • Located a few minutes from Hôtel Dieu and all the services offered on King E Street.
  • Possibility that the buyer takes care of renewals, to be discussed.
  • Rents below market value offering great potential for optimization.
  • The internet service with Wifi Plex is installed, but not offered to tenants: an opportunity to be seized.

OVERVIEW

This 8-unit building, ideal for optimizers, is located on 7th Avenue S in Sherbrooke in a peaceful area. It is made up of 2 x 3.5 and 6 x 2.5 with a stable clientele. Energy costs, payable by the owner, are covered by a dual-energy system. Sellers are open to a VTB offering you even more flexibility in your acquisition procedures.

FOR SALE DETAILS

PRICE

$850,000 CAD

PRICE/SF

$142 CAD /SF

# OF UNITS

6

PRICE/UNIT

$141,667

CAP RATE

3.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,048 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

514-360-3603

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514-360-3603

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