357 12e Av N 5 Unit Apartment Building $633,658 USD ($126,732 USD/Unit) Sherbrooke, QC J1E 2W6

357-365 12e Avenue N. offers the opportunity to acquire a five-unit residential property in Sherbrooke's Fleurimont sector. Positioned near educational institutions, public transit, major roadways, and everyday services, the property benefits from a location that supports ongoing residential rental demand and convenient access throughout the city.
Constructed in 1953, the building contains a unit mix consisting of four large 3½ apartments and one spacious 5½ apartment located at the garden level. The four upper apartments each feature generous balconies that provide outdoor living space and views toward the surrounding area. This configuration offers a blend of apartment types that can appeal to a range of tenant profiles.
An additional feature of the property is a detached storage building containing five separate storage spaces, providing dedicated storage accommodations for residents. According to the listing information, heating, electricity, and hot water expenses are paid directly by tenants, creating a straightforward utility structure for ownership and property management.
The property's proximity to the Cégep, École professionnelle du 24-Juin, public transportation services, parks, and highway connections contributes to its accessibility and convenience. Combined with its established residential setting, functional unit mix, and tenant storage amenities, the property presents a multifamily investment opportunity within the Sherbrooke market.