1 - 7 Saint-Joseph, Sherbrooke

Building area

2,535 SQ. Ft.

Property Description

Four-unit building located in the heart of Brompton. It comprises four 4.5-room units, all spanning two floors and featuring both a powder room and a full bathroom. Tenants are responsible for their own energy costs. The building underwent a major conversion in 2005 and still offers significant potential for optimization in the coming years. There is an option to purchase it as part of a portfolio alongside the neighboring four-unit building (9-15 St-Joseph).

Highlights

Bright living area with various amenities nearby.

Two-level layout offering comfort and privacy.

Peaceful setting bordered by trees, with no neighbors to the left or at the rear.

Capital spendings in recent years

Major conversion around 2005 (footings, foundation, drains, doors and windows, insulation, balconies, railings, brickwork, interior partitions, soundproofing, plumbing, electrical, cabinetry, flooring, etc.)

Other information

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

Pets are permitted under the terms of the leases.

Minor variance regarding the setback, side setbacks, and encroachment.

A new certificate of location has been ordered.

Location
Building description

General Information

Cadastral number3600615

Total Municipal Assessment

Total Municipal Assessment539 300 $
Municipal Land Assessment109 800 $
Municipal Building Assessment429 500 $

Construction

Number of Storeys1
Type of BuildingDetached
Type of ConstructionBrick and wood
Year of Construction1924; major conversion around 2005.

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior
Number of Parking Spaces+6

Area

Land Surface Area7 751 sq. ft.

Building type

Laundry RoomN/A
Number of Rooms16
Number of Units4 x 4.5
Washer/Dryer InletYes
Appliance ResponsibilityTenant
Heating ResponsibilityTenant
Hot Water ResponsibilityTenant

Features

FencedN/A
Internet and TelecomN/A
PlumbingCopper, ABS
Condition of RoofAsphalt shingles
Condition of DoorsGood condition
Condition of BalconiesGood condition
Concierge AgreementN/A
Intercom and DoorbellDoorbells, separate entrances
Heating SystemElectric baseboards
Hot Water SystemIndependent tanks
Condition of WindowsGood condition - PVC
Condition of KitchensGood condition
Electrical PanelsCircuit breakers
Exterior SidingBrick
Condition of BathroomsGood condition
Environmental ReportN/A
Floor CoveringParquet, floating floor, ceramic tile
Income & Expenses

Revenue

Unit1
Sq. Ft.
Rooms4
Bedrooms2
Bathroom2
Monthly Rent1 150 $
Lease ExpirationJune 2027
Washer and Dryer EntryOui

Revenue

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Financing Simulator

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Jessika Lahaie
Jessika Lahaie
Team Jessika Lahaie
Executive VP
|
Real Estate Broker | PMML Partner
819-345-2487 jessika.lahaie@pmml.ca
Property Photos
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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