MLS # 26225222
1699-1705 Rue Mancini
Sherbrooke (Brompton/Rock Forest/Saint-Élie/Deauville), Neighbourhood Rock Forest, J1N0R6

# UNITS TOTAL: 4
GROSS POTENTIAL INCOME $ 75,696 /yr

$1,399,997

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Broker's Remark


Addendum

Welcome to this extraordinary real estate investment
opportunity in Sherbrooke, nestled in the coveted
Rockforest neighbourhood. This quadruplex represents much
more than just a property for sale; it embodies a stable
and substantial source of income, with a total exceeding
$75,000 annually. This quadruplex is distinguished by its
two spacious 6 1/2 and 7 1/2 apartments and two comfortable
5 1/2 apartments, thus offering a variety of options for
potential residents. In addition, the addition of four
garages and four outdoor parking spaces adds considerable
value, providing both convenience and security to tenants.

A major advantage of this property is that tenants take
care of heating and electricity costs. This feature greatly
simplifies financial management for the owner while
increasing the profitability of the investment.

Located in the dynamic Rockforest neighbourhood, this
quadruplex benefits from an attractive and prosperous
environment. Residents appreciate the tranquility of this
neighbourhood while enjoying easy access to urban
amenities. Rockforest offers a myriad of outdoor
activities, peaceful parks, scenic hiking trails and a warm
community atmosphere.

The two large apartments of 7 1/2 and 6 1/2 are designed on
two floors to offer spacious and bright living spaces,
ideal for families or roommates looking for comfort and
conviviality. Large windows flood the rooms with natural
light, creating a welcoming and pleasant atmosphere for
residents.

The 5 1/2, on the other hand, offers a functional and
well-appointed living space, perfect for couples or small
families. With its modern amenities and comfortable
ambiance, this apartment is an oasis of comfort in an urban
setting.

In addition to the internal advantages of this property,
Rockforest residents have access to a variety of services
and amenities nearby. Renowned schools, local shops, fine
restaurants and verdant parks are only steps away, offering
a convenient and fulfilling lifestyle for residents of this
neighbourhood.

This quadruplex also offers the possibility of being an
owner-occupant, which allows a buyer to live in one of the
units while benefiting from the income of the others. This
flexible option makes it an even more attractive investment
opportunity for potential buyers.

In conclusion, this quadruplex for sale in Sherbrooke
represents a rare investment opportunity in a sought-after
neighbourhood. With its attractive income, ideal location
and owner-occupant possibilities, it offers exceptional
return potential for savvy investors. Don't miss this
unique opportunity to acquire quality real estate in the
sought-after neighbourhood of Rockforest.

INCLUDED

heat pump and lighting fixtures

EXCLUDED

Tenant's property




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BUILDING
Type Quadruplex
Style Detached
Dimensions 0x0
Lot Size 1,024 MC
Floors 0
Year Constructed 2012
EVALUATION
Year 2020
Lot $ 132,400
Building $ 496,700
Total $ 629,100
EXPENSES
Municipal Taxes (2024) $ 8507 / year
School taxes (2023) $ 500 / year
CHARACTERISTICS
Water supply Municipality
Foundation Poured concrete
Siding Brick
Parking Outdoor, Garage
Sewage system Municipal sewer
Zoning Residential
Neighbourhood Demographics

marital

age

household income

Age of Immigration

common languages

education

ownership

Gender

construction date

Occupied Dwellings

employment

transportation to work

work location

Agency contact information

Phone

438-387-5743

Address

1111 Boulevard Dr. Frederik-Philips #601
Saint-Laurent, QC H4M 2X6

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BUILDING
Type Quadruplex
Style Detached
Dimensions 0x0
Lot Size 1,024 MC
Floors 0
Year Constructed 2012
EVALUATION
Year 2020
Lot $ 132,400
Building $ 496,700
Total $ 629,100
EXPENSES
Municipal Taxes (2024) $ 8507 / year
School taxes (2023) $ 500 / year
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