305 Av 13E S - Apartments FOR SALE


Sherbrooke, QC J1G 2W1
$975,000 CAD
819-481-0551

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$975,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

305 Av 13E S
Sherbrooke, QC J1G 2W1


HIGHLIGHTS

  • Near schools, hospitals, and transit.
  • Corner lot location in Fleurimont.
  • Six on-site parking spaces available.
  • Six-unit residential income property.
  • One vacant unit offers flexibility.
  • Six spacious 4½ apartments.

OVERVIEW

305 13e Avenue Sud presents an opportunity to acquire a six-unit residential income property in Sherbrooke's Fleurimont sector. The building consists of six 4½ apartments, offering a consistent unit mix that appeals to a broad tenant base seeking functional residential accommodations within an established neighborhood. The property generates reported potential gross annual revenue of $64,872 and currently includes one vacant 4½ unit, providing flexibility for an investor to secure a new tenant at market rates or accommodate other ownership objectives. Residents benefit from spacious layouts, in-unit washer and dryer installations, and interior storage areas, features that contribute to long-term tenant appeal and retention. Constructed in 1956, the three-storey brick building is situated on a corner lot of approximately 4,973 square feet and includes an asphalt parking area accommodating six vehicles. The property is located within close proximity to schools, healthcare facilities, public transit, parks, educational institutions, and major transportation routes. Fleurimont's accessibility and proximity to key services continue to support residential demand throughout the area. With its established income stream, practical unit configuration, on-site parking, and location within one of Sherbrooke's well-served residential districts, this asset offers investors the opportunity to acquire a stabilized multifamily property with future income growth potential through lease turnover and ongoing market demand.

FOR SALE DETAILS

PRICE

$975,000 CAD

PRICE/SF

$197 CAD /SF

# OF UNITS

6

PRICE/UNIT

$162,500

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

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1132960

ASK ABOUT THIS PROPERTY

Alexandre BoisvertAgence immobilière IRMore Info
819-481-0551

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Alexandre BoisvertAgence immobilière IRMore Info
819-481-0551

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