$1,174,900
213 Rue Darche
Sherbrooke (Les Nations)
Sherbrooke (Les Nations)
Type
Quadruplex
Bedrooms
3
Living area
407.9 Square Meters
Bathrooms
1
MLS® 25637945
Property description
Excellent investment opportunity! Built in 2013, this well-maintained fourplex features four spacious and bright 3-bedroom units, 9 parking spaces and 4 exterior storage units. Potential gross annual rental income is $69,600 when fully occupied. Unit 3 is currently vacant, offering flexibility for an owner-occupant or to optimize rental income. Recent improvements include renovated bathrooms in Units 1, 2 and 4 (2026), heat pumps in Units 2 and 3 (approx. 2023), and a paved parking lot (2022).
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
CEGEP, Daycare centre, Elementary school, High school, Highway, Hospital, Park, Public transportation, University
Taxes and expenses
| Municipal | $9,007 |
| School | $621 |
| Insurance | $2,646 |
| Lawn | $517 |
| Snow removal | $1,245 |
Building and interior of the property
| Bedrooms | 3 |
| Bathrooms | 1 |
| Number of rooms | 5 |
| Living area | 407.9 Square Meters |
| Items included in the sale | 4 heat pumps and 4 water heaters |
| Items excluded in the sale | Tenants' personal belongings and electric vehicle charging station. |
| Dimension of the front of the building | 6.88 |
| Dimension of the depth of building | 13.26 |
| Land area | 720.2 |
| Dimension of the front of the land | 32.99 |
| Dimension of the depth of the land | 31.32 |
| Year built | 2013 |
| Municipal assessment (land) | $194,500 |
| Municipal assessment (building) | $730,000 |
| Municipal assessment (total) | $924,500 |
| Assessment year | 2026 |
| Irregular building | Yes |
| Irregular land | Yes |
| Potential gross revenue | $69,600 |
| Available services | Electricity Connected, Fire detector, Sewer Connected, Water Connected |
| Basement | 6 feet and more, Finished basement |
| Bathroom / Washroom | Separate shower |
| Cupboard | Melamine |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Equipment available | Air exchange system, Wall-mounted heat pump |
| Exterior cladding | Other |
| Foundation | Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Parking | Driveway, Indoor parking, Outdoor parking |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Other, Stone |
| Water supply | Municipality |
| Window type | Casement |
| Windows | PVC |
Addendum
| Income Property -- Outstanding Investment Opportunity Built in 2013, this well-maintained fourplex features four spacious and bright 3-bedroom units, offering an excellent combination of stability, strong cash flow potential, and long-term appreciation. Property Highlights * Built in 2013 * Four 3-bedroom apartments * Potential gross annual rental income of **$69,600** * Unit 3 is currently vacant, providing an excellent opportunity for an owner-occupant or to increase rental income at current market rates * 9 parking spaces * 4 exterior storage units * Asphalt parking lot (2022) Investment Metrics * Gross Rent Multiplier (GRM): 16.88 * Capitalization Rate (Cap Rate): 5.92% * Positive cash flow with 20% down payment and 30-year amortization* * Estimated ROI of approximately 20%* Recent Improvements * Bathrooms renovated in Units 1, 2 and 4 (2026) * Heat pumps replaced in Units 2 and 3 (approx. 2023) * Parking lot paved (2022) This property is an excellent opportunity for investors seeking a well-maintained asset with strong financial fundamentals. Recent upgrades help minimize near-term capital expenditures, while the vacant unit offers immediate flexibility to maximize returns or accommodate an owner-occupant. *Cash flow and ROI figures are estimates only and are based on financing assumptions. Buyers are encouraged to perform their own due diligence and financial analysis. |
