Complete Listing
88 - 104 Gillespie, Sherbrooke
| Cost per Unit (CPU) |
96 000 $ |
|---|---|
| Gross Revenue Multiplicator (GRM) | 11.7 |
| Net Revenue Multiplicator (NRM) | 21.3 |
| Capitalization Rate (CAP) | 4.7 % |
In the heart of Sherbrooke, two buildings totalling 12 units located in front of the primary school and a few minutes from the courthouse. There are 2 apartments on two floors redone and 5 renovated units. Optimization is still possible in the back of the building. Professional evaluation report demonstrating value. Take this great opportunity!
Cartography
Property description
Features
| Heating System | Electric baseboards |
|---|---|
| Hot Water System | Central tank |
| Electrical Pannels | Breakers |
| Plumbing | Copper, ABS and Fonte |
| Condition of Kitchens | Good condition |
| Condition of Bathrooms | Good condition |
| Floor Covering | Laminated and ceramic |
| Environmental Study | No |
| Condition of Roof | Good condition |
| Siding | Brick |
| Condition of Balconies | Wood |
| Condition of Doors | 5 years, some renovated |
| Condition of Windows | 5 years, some renovated |
| Type of Parking | Exterior |
| Intercom and Bell | No |
| Fire System | No |
| Janitor Agreement | No |
Construction
| Year Built | To be verified |
|---|---|
| Building Type | Detached |
| Construction Type | Brick and wood |
| Number of Stories | 3 |
| Other Informations |
Building type
| Number of Units | 1x7.5 + 1x6.5 + 4x4.5 + 3x3.5 + 3x2.5 |
|---|---|
| Number of Parkings | 4 spots |
| Responsability of Heating | Owner for 8 units |
| Responsability of Hot water | Owner for 8 units |
| Responsability of Appliances | Owner for 4 units |
| Washer /Dryer Installation | To be verified |
| Laundry | To be verified |
| Other Informations |
Significant capital expenditures since 10 years
- 2 units have been redone to new
- 5 units renovated
Other informations
THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER
Take note that in the assessment role the number of units is 8 units + 7 rooms. However, there are currently 12 units in the building.
The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.
