This 15-unit brick-built apartment complex in the Fleurimont borough of Sherbrooke offers a rare opportunity for investors seeking a stabilized asset with strong upside potential. The property features 14 spacious two-bedroom units (4 1/2) and one large three-bedroom unit (5 1/2), catering to consistent rental demand in the area. Recently upgraded in 2025, the building now boasts a new roof and an advanced high-efficiency heating system complete with 15 APH Select-certified heat pumps, significantly reducing operating expenses while enhancing tenant comfort.
Located near key services, retail amenities, major roadways, and institutions such as the École professionnelle 24-Juin, the property ensures superior accessibility and caters to a high-quality tenant base. Generous on-site parking and durable all-brick construction further strengthen its long-term operational appeal. With essential capital improvements completed, this property represents a strong investment with appealing income security and future optimization opportunities.