Rue King 548-558, Sherbrooke (Fleurimont), Québec J1G

Seller open to a BPV. Beautiful 7 residential units, entirely brick, located at 558-558 King Street East. The building includes four 4 1/2 units with beautiful balconies, two 3 1/2 units and a loft. A diversified and sought-after configuration offering excellent potential for investors. The units are heated by electricity by means of electric baseboards. Property well positioned on a major axis, close to shops, services, public transit and main traffic routes. An interesting opportunity to acquire a good size residential building. Great investment opportunity at 548-558 King Street East! This seven-unit building, entirely made of brick, now offers an entirely residential vocation as well as a diversified and sought-after configuration. The property includes four 4 1/2 units offering functional living spaces and beautiful balconies, two 3 1/2 units and a loft. The units are heated by electricity by means of electric baseboards. The dwelling at 554 King Street East was previously used as a commercial space. It was transformed into a residential dwelling in 2026 according to plans prepared by an architect and following the issuance of a building permit by the municipality. The municipal assessor visited the property in early July 2026 to see the work carried out and the new residential use of the premises. A new municipal tax bill reflecting an entirely residential use should be issued soon. The buyer will have to check with the municipality the new assessment roll as well as the revised amount of taxes as soon as this information is available. The building is conveniently located on King Street East, close to shops, essential services, public transit and major thoroughfares. Its all-brick construction, the diversity of its housing, its recent transformation carried out with architectural plans and municipal permits as well as its strategic location make it a particularly interesting property for an investor looking for a well-positioned residential building in Sherbrooke. INCLUSIONS According to the leases. EXCLUSIONS According to the leases.