23 - 27 Rue Gordon, Sherbrooke (Les Nations), QC, J1H 4Y4 - investment for sale | Listing ID 10830378

23 - 27 Rue Gordon, Sherbrooke (Les Nations), QC, J1H 4Y4 Map Image

Investment For Sale In Sherbrooke (Les Nations), Quebec

$3,995,000 +GST/QST

Property Information:

Unique investor opportunity in the heart of downtown Sherbrooke! This 15-unit building, with an adjoining vacant lot, is located on an exceptional site offering highly attractive development potential. The building has undergone major renovations, guaranteeing impeccable condition. Its distinctive character, with carefully preserved period woodwork, reflects meticulous and rigorous maintenance. Exceptionally well maintained, this building represents a rare opportunity on the real estate market. Opportunity to be seized quickly!

- The vacant land and the apartment building are to be sold together.
- Visits to the building are under accepted promise to purchase.
- The sale of vacant lot 1 030 374 is subject to GST and QST.
- The building is located in a zone subject to PIIA (class 3 heritage area).
- There may be slight water infiltration in the basement during periods of exceptional rainfall. (No damage caused).
- There is a Bell line buried on the lot line of both cadastres, and there is no servitude declared to this effect.
- Dwelling #16 (basement) is currently annexed to the owner's dwelling (23-1). It could easily be redivided.
- Potential gross income includes rental values for the owner's dwelling (23-1) and the attached dwelling #16.
- Municipal taxes for the adjacent lot amount to $2498.54 for the year 2024.
- School taxes for the adjacent lot amount to $87.95 for the year 2024-2025.
- An additional income is generated by parking space rental agreements on the vacant lot. Income is approximately $6,000 per year.

The boundaries shown in the photos are approximate and for guidance only.

Inclusions: According to the leases.

Exclusions : According to the leases and personnal belongings of owner.

Building Features:

Basement: Finished basement
Bathroom: Ensuite bathroom
Driveway: Unpaved
Fireplace-Stove: Gas fireplace
Foundation: Stone
Lot: Fenced, Landscaped
Proximity: CEGEP, Daycare centre, Park, Bicycle path, Elementary school, High school, Public transportation
Roofing: Elastomeric membrane
Siding: Brick
Size: 84.3 x 72.9 Feet
Window Type: Guillotine
Heating System: Hot water
Water Supply: Municipality
Sewage System: Municipality

Potential Gross Revenue:

Residential: $162,636

Taxes:

Municipal Tax: $18,588
School Tax: $954
Annual Tax Amount: $19,542

Property Assessment:

Lot Assessment: $306,800
Building Assessment: $1,039,800
Total Assessment: $1,346,600

Property Features:

Bedrooms: 2
Bathrooms: 2
Built in: 1937
Irregular: Yes
Lot Depth: 99.8 Feet
Lot Frontage: 214.2 Feet
Lot Size: 17720.60 Square Feet
Zoning: COMM, RESI

Revenue Units:

Pieces 5
Bedrooms 2
Baths 2

Pieces 7
Bedrooms 2
Baths 2

Courtesy of: Royal LePage Évolution

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

Jean-Francois Bérubé

Courtier immobilier agréé DA Royal LePage Évolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

My Website

Dominique Massicotte

Courtier immobilier résidentiel et commercial Royal LePage Évolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

My Website

Vanessa Francis-Bourque

Courtier immobilier résidentiel et commercial Royal LePage Évolution , Real Estate Agency*

Office:819.565.3000

Fax:819.565.3003

My Website

Additional Photos