For Sale

$849,000

491 Rue de Vimy , Sherbrooke (Les Nations), QC J0B2H0

2 Beds 1 Baths

Remarks

In the heart of the Old North, this all-brick building with 7 spacious apartments generates annual revenues of $55,140. It features 6 4-and-a-half and 1 3-and-a-half units, storage space for each tenant, a laundry room and a workshop in the basement. All units benefit from a large rear gallery, lots of character, wood floors and moldings, and plenty of natural light. In a sought-after area, renting is quick and easy, and the well-maintained building offers many possibilities for optimization. A sound investment!

This sale is made without any legal warranty of quality from the seller, the buyer not waiving any legal warranties given by previous owners and received by the seller upon its acquisition of the property, which are hereby assigned to the buyer.

Inclusions:

Refer to leases.

Exclusions:

Refer to leases.

Property Summary

  • Neighbourhood: Jacques-Cartier
  • Lot Assessment: $110,200.00
  • Building Assessment: $405,400.00
  • Total Assessment: $515,600.00
  • Assessment Year: 2023
  • Municipal Tax: $8,167.00
  • School Tax: $469.00
  • Annual Tax Amount: $8,636.00 (2024)
  • Lot Frontage: 51.5 Feet
  • Lot Depth: 142.1 Feet
  • Lot Size: 7323.7 Square Feet
  • Building Width: 37.1 Feet
  • Building Depth: 54.4 Feet
  • Floor Space (approx): 6076.2 Square Feet
  • Built in: 1947
  • Bedrooms: 2
  • Bathrooms (Total): 1
  • Zoning: RESI

Building Features:

  • Driveway:
    Asphalt
  • Heating System:
    Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity
  • Proximity:
    Highway , CEGEP , Daycare centre , Golf , Hospital , Park , Bicycle path , Elementary school , High school
  • Siding:
    Brick
  • Basement:
    6 feet and more , Partially finished
  • Sewage System:
    Municipality
  • Window Type:
    Guillotine
  • Roofing:
    Elastomeric membrane

Revenue Units

  • Potential gross revenue: Residential
    $55,140.00
  • Potential gross revenue: Date
    07-01-2023

Expenses (annual)

  • Insurance
    $3,227.00
  • Snow removal
    $1,323.00
  • Electricity
    $3,468.00

Revenue Units

  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 3 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Agent

Jean-Francois Bérubé

Courtier immobilier agréé DA

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Toll Free: 888.820.8363

Agent

Dominique Massicotte

Courtier immobilier résidentiel et commercial

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Get More Info