Income properties for sale
157 - 165, Rue Principale Est, Magog
$480,000
Features
Use of property
Residential
Year built
1910
Building area (at ground level)
1,354 sqft
Living area
1,615 sqft
Lot area
9,573 sqft
Parking (total)
Driveway (6), Garage (2)
Number of units
Residential (8)
Residential units
6 x 1 ½, 1 x 3 ½, 1 x 5 ½
Main unit
1 room, 1 bedroom
Potential gross revenue
$56,040
Description
For investors! Set of two income properties totaling 8 units, located in the heart of the Tisserands neighborhood in Magog, just steps from downtown and the high school. The first building includes a duplex (5 ½ and 3 ½), and the second offers 6 bedrooms/lofts. Potential annual income of $56,040. Both buildings are being sold together. Several opportunities for optimization and versatile zoning.
Centris No. 13488886
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $49,400 |
Building | $164,500 |
Total | $213,900 |
Taxes | |
---|---|
Municipal (2025) | $4,919 |
School (2025) | $235 |
Total | $5,154 |
Expenses | |
---|---|
Electricity | $5,657 |
Total | $5,657 |
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