338 Rue Brooks 8 Unit Apartment Building $1,075,000 CAD ($134,375 CAD/Unit) Sherbrooke, QC J1H 4Y3

This 8-unit multifamily property is located on rue Brooks in Sherbrooke's Les Nations district, offering a rare investment opportunity in a dynamic rental market. Perfectly positioned in a cul-de-sac just steps from downtown Sherbrooke, the asset combines strong location fundamentals with practical tenant features that drive appeal and occupancy.
The property consists exclusively of 3½ apartments, each unit equipped with independent entrances and washer-dryer installations. This sought-after configuration enhances tenant satisfaction and reduces turnover, while providing long-term operational stability. Off-street parking for residents and easy access to public transit, schools, and local amenities further increase its rental security.
Built on a 5,225 sq. ft. lot, the three-story building has been strategically maintained, with multiple renovations carried out in recent years to preserve value and renew appeal. Current gross annual income potential stands at $83,292, with upside available through unit turnover and market rent adjustments over time. Heating and electricity expenses are tenant-borne, with the owner covering internet and select services in certain units, maximizing net operating income.
For investors seeking steady cash flow and future appreciation in one of Sherbrooke’s most connected neighborhoods, this property presents a noteworthy addition to any multifamily portfolio.