Income properties for sale
165 - 165A, Rue Principale Est, Magog
$525,000
$525,000
Income properties for sale
165 - 165A, Rue Principale Est, Magog
Features
Use of property
Residential
Year built
1900
Building area (at ground level)
11 sqft
Lot area
11 sqft
Parking (total)
Garage (2)
Number of units
Residential (9)
Residential units
3 x 2 ½, 1 x 5 ½, 4 x Bedroom, 1 x Other
Potential gross revenue
$55,320
Additional features
Basement 6 feet or +
Description
For investors! TWO INCOME PROPERTIES in Magog's Tisserand district. Just steps from downtown and the former CS Brooks, and minutes from Highway 55. Easy rental location. The first building is a duplex (5 1/2 and 2 1/2) + the second is composed of 6 bedrooms/lofts, all located on 2 separate lots. Great opportunity for optimization. There are several possibilities for using the land.
Centris No. 21787708
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $48,900 |
| Building | $240,700 |
| Total | $289,600 |
| Taxes | |
|---|---|
| Municipal (2024) | $4,489 |
| School (2024) | $219 |
| Total | $4,708 |
| Expenses | |
|---|---|
| Electricity | $4,638 |
| Insurance | $3,964 |
| Total | $8,602 |
See all financial details