2542 Rue Fisette , Sherbrooke (Les Nations), QC J1K1E3

1 Baths 0 Partial Bath

Remarks

A 5-unit apartment building located in an excellent rental area near the University of Sherbrooke. The property has been meticulously maintained and well-managed, offering significant potential for income optimization. Several improvements have been made in recent years, including the roof, certain mechanical systems, and various maintenance projects. A great investment opportunity in a sought-after and stable area.

Located at 2542 Fisette Street in Sherbrooke, this 5-unit apartment building presents an attractive opportunity for an investor looking to acquire a well-maintained property in a sought-after rental market, near the University of Sherbrooke.
The property has been meticulously maintained over the years and benefits from rigorous management, making it a reliable asset for a buyer. Its strategic location, in an area where rental demand remains strong, also contributes to its appeal.
The building offers attractive potential for revenue optimization, allowing a future owner to pursue gradual value appreciation in line with their management strategy.
Recent work:
* Elastomeric roof replaced in 2022
* Masonry maintenance in 2022
* Two water heaters replaced in 2023
* Replacement of fuses in the apartments in 2023
* Hallway carpet replaced in 2024
A great investment opportunity in a stable, sought-after, and well-served area of Sherbrooke.

Please note that the income figures shown are effective as of July 1, 2026

This sale is made without the statutory warranty of quality, at the buyer's own risk.

Property Summary

  • Neighbourhood:
  • Lot Assessment: $119,400.00
  • Building Assessment: $566,900.00
  • Total Assessment: $686,300.00
  • Assessment Year: 2026
  • Municipal Tax: $7,412.00
  • School Tax: $413.00
  • Annual Tax Amount: $7,825.00 (2026)
  • Lot Frontage: 19.81 Metre
  • Lot Depth: 30.48 Metre
  • Lot Size: 603.9 Square Metres
  • Building Width: 9.46 Metre
  • Building Depth: 13.41 Metre
  • Floor Space (approx): 253.4 Square Metres
  • Built in: 1978
  • Bathrooms (Total): 1
  • Bathrooms (Partial): 0
  • Zoning: Commercial

Building Features:

  • Basement:
    6 feet and more
  • Common Walls:
    Detached
  • Foundation Details:
    Poured concrete
  • Furnished:
    Partially
  • Heating:
    Electric baseboard units , Electricity
  • Lot Features:
    Highway , Elementary school , University
  • Roof:
    Elastomeric membrane
  • Sewer:
    Municipality
  • Utilities:
    Water Connected , Electricity Connected , Sewer Connected
  • Water Source:
    Municipality

Revenue Units

  • Potential gross revenue: Residential
    $51,876.00
  • Potential gross revenue: Date
    04-07-2026

Expenses (annual)

  • Electricity
    $2,600.00
  • Insurance
    $2,315.00
  • Snow removal
    $719.00

Revenue Units

  • Pieces: 2 Bedrooms: 0 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 3 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 5 Bedrooms: 3 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 3 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 3 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Agent

Dominique Massicotte

Courtier immobilier résidentiel et commercial

Dominique Massicotte Courtier immobilier inc.

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Agent

Jean-Francois Bérubé

Courtier immobilier agréé DA

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Toll Free: 888.820.8363

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