220 - 226 Rue St François N., Sherbrooke (Les Nations), QC J1E 2B7

  • $374,900
  • 1 Bedrooms
  • 1 Bathrooms
  • 1918
  • MLS: 13236617
Residential Units

3 1/2 x 3 1/2 x 3 1/2 x 3 1/2 x 3 1/2 x 3 1/2 x 3 1/2 x 3 1/2

Potential gross revenue

$22,200

Description

This building offers excellent investment potential, comprising four well-distributed units, all rented until June 30, 2026. The basement provides ample storage space and a laundry room. The units feature bright rooms and a functional layout. Located in an accessible area, close to services and the city center, the building offers potential gross monthly income of $1,850, with the possibility of further increases starting July 1, 2026, as one unit will become available. This is an opportunity not to be missed for an income-generating project.

Description

This building offers excellent investment potential, comprising four well-distributed units, all rented until June 30, 2026. The basement provides ample storage space and a laundry room. The units feature bright rooms and a functional layout. Located in an accessible area, close to services and the city center, the building offers potential gross monthly income of $1,850, with the possibility of further increases starting July 1, 2026, as one unit will become available. This is an opportunity not to be missed for an income-generating project.

Included

220: Fridge/Stove, 222: Fridge/Stove, 224: Fridge/Stove, 226: None, S-S: Washer/Dryer Shed

Excluded

Tenants' belongings

Municipal land valuation (2026)

$118,700

Municipal building valuation (2026)

$182,000

Total valuation

$300,700

Addenda

Four (4) 3 1/2-room apartment building with a functional layout.

Apartment 220: 3 1/2-room apartment located on the ground floor. Rented for $457/month until June 30, 2026, then $471/month until June 30, 2027. Includes one outdoor parking space, refrigerator, and stove.

Apartment 222: 3 1/2-room apartment located on the ground floor. Rented for $468/month until June 30, 2026, then $482/month until June 30, 2027. Includes one outdoor parking space, refrigerator, stove, and two cats are permitted.

Apartment 224: 3 1/2-room apartment located on the upper floor. Rented for $468/month until June 30, 2026, then vacant. Includes one outdoor parking space, refrigerator, and stove.

Apartment 226: 3 1/2 apartment located on the upper floor. Rented for $457/month until June 30, 2026, then $471/month until June 30, 2027. Includes one outdoor parking space, a dog, storage space in the shed (100%), an 8x8 foot storage space in the basement, and the installation and use of the gazebo in its current location.

The potential monthly gross income until June 30, 2026 is $1850, then $1424 from July 1, as a unit will be vacated and can be rented with price optimization.

Basement * Large area offering ample storage space * Shared laundry room for all units except 226

Exterior, Lot, and Neighborhood * Lot size: 774.7 sq m / 8338.8 sq ft * Four outdoor parking spaces for residents * Shed used exclusively by apartment 226 * The gazebo is the property of the tenant of apartment 226 * Strategic location close to services and with quick access to downtown

This sale is made without legal warranty of quality, at the buyer's own risk.

This does not constitute an offer or a promise binding the seller to the buyer, but rather an invitation to submit such offers or promises.

BUILDING
Move-in date or deadline
Type Quadruplex
Style Detached
Building Dimensions 900
Lot Area 8,339
EXPENSES
Insurance $ 1812 / year
Energy cost $ 1404 / year
Snow removal / Lawn mowing $ 1308 / year
Municipal Taxes (2026) $ 4300 / year
School taxes (2025) $ 171 / year
CHARACTERISTICS
Proximity Alpine skiing, Bicycle path, Cross-country skiing, Daycare centre, Elementary school, High school, Hospital, Other, Park - green area, Public transport, University
Siding Aluminum, Vinyl
Zoning Commercial, Residential
Roofing Elastomer membrane
Heating system Electric baseboard units
Heating energy Electricity
Landscaping Fenced
Available services Fire detector
Window type Hung
Basement Low (less than 6 feet), Unfinished
Cupboard Melamine
Sewage system Municipal sewer
Water supply Municipality
Driveway Not Paved
Parking Outdoor
Foundation Poured concrete, Stone
Windows PVC
Topography Sloped
Distinctive features Wooded lot: hardwood trees

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