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835 Rue Malouin, Sherbrooke (Les Nations), QC J1J

$1,250,000 | 391.4 MC

  • 3 Bedrooms
  • 1 Bathrooms
  • 1958
  • MLS: 28310348

Description

Investment opportunity in the heart of Sherbrooke! This superb, well-maintained quintuplex features five 5½-room units, each with 3 bedrooms and 1 bathroom and also a new 4 and a half in the basement. The property offers 9 parking spaces as well as a large detached garage that can generate additional income. Excellent potential for optimization, with the possibility of converting the basement into an additional unit. Located in a vibrant neighborhood near schools, shops, essential services, public transportation, and with quick access to the highways. An ideal property for an investor!

Welcome to this superb five-unit apartment building located in the heart of Sherbrooke--a highly attractive investment opportunity in a dynamic and sought-after neighborhood. The building is very well maintained and comprises five 5½-room units, each featuring three bedrooms and one bathroom; also a new 4 and a half these spacious and functional units are particularly popular with tenants.

The property features nine parking spaces as well as a large detached garage that can be used by the owner or generate additional income. The building also offers excellent potential for renovation, with the possibility of converting the basement into an additional unit, thereby increasing rental income.

Its strategic location is a major advantage: public transportation, quick access to highways, and a variety of nearby schools, daycare centers, shops, and essential services make daily life easier for residents.

Whether you're an investor or an owner-occupier looking to purchase a profitable property with growth potential, this property represents an ideal opportunity to expand your real estate portfolio.

It mentions 5 units on the city's tax roll, but this will be changed soon to a 6 units once the unit is finished and the city inspector has come by.

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INCLUDED
Depending on the lease
EXCLUDED
Depending on the lease
ROOM DETAILS
Room Dimensions Level Flooring
N/A
BUILDING
Type
Style Detached
Dimensions 13.33x16.45 M
Lot Size 836.9 MC
EXPENSES
Energy cost $ 4946 / year
Municipal Taxes (2026) $ 7346 / year
School taxes (2026) $ 464 / year
CHARACTERISTICS
Basement 6 feet and over, Partially finished
Roofing Asphalt shingles
Proximity Bicycle path, Cegep, Daycare centre, Elementary school, Golf, High school, Highway, Park - green area, Public transport
Siding Brick
Garage Detached, Single width
Driveway Double width or more, Not Paved
Heating system Electric baseboard units
Heating energy Electricity
Topography Flat
Parking Garage, Outdoor
Window type Hung, Sliding
Landscaping Landscape
Sewage system Municipal sewer
Water supply Municipality
Foundation Poured concrete
Windows PVC
Zoning Residential

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