Building requiring renovation with significant potential for transformation. It is the buyer's responsibility to obtain the necessary permits from the relevant municipal authorities for the intended use of the building. The sale is made without legal warranty and at the buyer's own risk.
1' X 1' Irregular
Unknown
Visits by appointment only.
10-unit income property in Sherbrooke -- Strategic investment opportunity.
Located in the heart of the sought-after Mont-Bellevue neighborhood in Sherbrooke, this standalone 10-unit income property represents a rare rental investment opportunity in the Estrie region. The area is booming and close to all amenities: highway, CEGEP, schools, daycares, hospital, university, and public transportation.
Situated on a 2,822.3 sq. ft. lot, this property in need of renovation benefits from Class 2 residential zoning -- intermediate integration (PIIA), offering strong transformation potential, subject to approval by the relevant municipal authorities. An ideal opportunity for investors looking to optimize their returns in the Mont-Bellevue real estate market.
Currently, 2 units (3½) are rented but will be vacated, while the remaining 8 units are unoccupied, with both tenants having confirmed their departure. This situation allows for full control of the building and immediate rent optimization. The building includes a total of 10 units (10 x 3½), with electric baseboard heating and a basement over 6 feet high.
The property is serviced by municipal utilities (water and sewer). It enjoys a prime A-1 location that is highly sought after. The sale is made without legal warranty of quality, at the buyer's own risk.
It is the buyer's responsibility to obtain from the relevant municipal authorities the necessary permits for the intended use of the property.
1' X 1' Irregular
Unknown
53'6" X 53' Irregular
2,822 SF
Commercial , Residential
Municipality
Municipality
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RE/MAX ALLIANCE | 10310 boul. St-Laurent, Montréal (Ahuntsic-Cartierville), Québec, H3L 2P2
Hello, my name is FRANCOIS ROUTHIER, real estate broker. Contact me for more information.
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