Quadruplex for sale
188, Chemin du Ruisseau-Rouge, Magog
$750,000
Features
Use of property
Residential
Building style
Detached
Year built
1986
Lot area
9,985 sqft
Parking (total)
Driveway (8)
Number of units
Residential (4)
Residential units
4 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
48,480 $
Move-in date
According to leases
Description
Investment opportunity not to be missed! Well-maintained quadruplex strategically located within walking distance of schools, grocery stores, shopping center, downtown, Lake Memphremagog, parks, etc. The location is ideal for attracting and retaining good tenants. Building very well maintained over the years offering good value potential & generating annual gross income of $48,480. 4 X 5½ (all leased until June 30, 2026), each unit is well configured, bright and functional. Tenants benefit from outdoor storage and access to the 9984 sq. ft. lot.
Centris No. 27355228
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $208,400 |
Building | $370,600 |
Total | $579,000 |
Taxes | |
---|---|
Municipal (2025) | $5,847 |
School (2024) | $369 |
Total | $6,216 |
Expenses | |
---|---|
Electricity | $527 |
Insurance | $1,826 |
Snow removal | $1,610 |
Lawn | $989 |
Total | $4,952 |
See all financial details