Golden opportunity in Sherbrooke! This 4-unit (4 1/2) plex is located in a rapidly revitalizing area, ideal for an investor or first-time buyer looking to occupy it before keeping it long-term. Well-maintained building: roof in excellent condition, urethane-treated foundation, recent water heaters, and some renovated units. Reliable tenants and guaranteed income. Ample parking in the rear and close proximity to all services for easy rental. See the addendum for details and plan your visit!
1940
The Units and the Investment Opportunity
Located at 913-919 Fabre Street in Sherbrooke, this four-unit plex represents a golden opportunity for savvy investors. Each unit is a spacious 4.5-room apartment, attracting reliable tenants who ensure timely payments. Some units have already been renovated, offering the future owner the opportunity to further optimize the building. This property is ideal for a first-time buyer looking to occupy a unit while generating rental income, with a long-term outlook.
The Building
The building has benefited from rigorous maintenance, including a roof in excellent condition and urethane-treated foundations to protect the crawl space from moisture, thus improving energy efficiency. Some units have been renovated, increasing their rental value and reducing future maintenance costs. In addition, a large parking area at the rear facilitates tenants' daily lives, adding a welcome convenience to the area.
The neighborhood is undergoing rapid revitalization
913-919 Fabre Street benefits from a strategic location in a rapidly revitalizing area of Sherbrooke. The proximity to all essential services facilitates residents' daily lives and ensures strong rental demand. Recent sales in the neighborhood demonstrate its growth potential, making this building a sound investment with an excellent return on investment. Local infrastructure, including public transportation and shopping, is easily accessible, reinforcing the property's appeal to tenants and investors.
1940
49'10" X 100'
4,972.93 SF
View of the city
Driveway : 6
Municipality
Municipality
My name is YANG TORRES, RE/MAX real estate broker. How may I help you?
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