$649,900   |   223 4e Avenue / Sherbrooke (Fleurimont)
#16320088

Brick income property with 5 units and an additional room with a permit, located close to all essential services (shops, transport, schools, parks). Bright and well-maintained, one unit is vacant, ideal for an owner-occupant. The property offers **great potential for optimization** and profitability for an investor, whether through renovations or more efficient management. A rare opportunity to maximize your income while benefiting from a highly sought-after location. **Contact us for more information or to arrange a visit.**

Potential gross revenues (2024-09-26)

Residential:
$54,180

Total:
$54,180

Dépenses d'exploitation

Municipal Taxes (2024) :
$5,798

School taxes (2024) :
$318

Total:
-$6,116

Net operating revenues

$48,064

Units summary

Type
Number of room
Number
Residential
4 ½
4
Residential
8 ½
1

Units details

Numéro du logement : 223
Type : Residential | Number of rooms : 4 | Number of rooms: 2
Numéro du logement : 223
Type : Residential | Number of rooms : 8 | Number of rooms: 4
Numéro du logement : 223
Type : Residential | Number of rooms : 4 | Number of rooms: 2
Numéro du logement : 223
Type : Residential | Number of rooms : 4 | Number of rooms: 2
Numéro du logement : 223
Type : Residential | Number of rooms : 4 | Number of rooms: 2

Evaluations

Year of evaluation:
2024

Land:
$93,200

Building:
$279,000

Municipal assessment:
$372,200

Exterior features

Sewage system :
Municipal sewer

Topography :
Flat

Water supply :
Municipality

Zoning :
Residential

Interior features

Foundation :
Poured concrete

Heating energy :
Electricity

Heating system :
Electric baseboard units, hot water

Roofing :
Elastomer membrane

Siding :
Brick

Windows :
Pvc

Other features

Proximity :
Cegep, daycare centre, elementary school, high school, hospital, park - green area, public transport

Addenda

For sale: a **revenue-generating property** full of potential, ideally located close to everything–shops, public transport, schools, parks… everything needed for easy, everyday living. With its **5 rental units** and an **additional room with a permit**, this building already offers a solid income stream, with room to optimize and increase profitability even further.

The brick building has a certain charm and enjoys **beautiful natural light** throughout the apartments, making each space welcoming and pleasant. One unit is currently vacant, perfect for an owner-occupant looking to live in the property while generating rental income.

In terms of convenience, everything is within reach, making this property highly attractive to tenants. It also offers a **great investment potential**: with a few small renovations or more efficient management, you could quickly maximize your income.

Whether you’re an experienced investor or just starting out, this building presents a **great opportunity for growth**. It offers the comfort of a well-located property with plenty of room to make it even better. If you’re looking for an investment with strong return potential, this is definitely an address worth exploring. **Contact us for more information or to arrange a visit.**

16320088

223 4e Avenue
J1G2L2

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