Income properties for sale

246 - 254, Rue Sherbrooke, Magog

$550,000 or
$550,000 or

Income properties for sale

246 - 254, Rue Sherbrooke, Magog

Features

Lifestyle
26115260 550000 /en/multi-family-properties~for-sale~magog/26115260?view=Summary /fr/multifamilial~a-vendre~magog/26115260 https://passerelle.centris.ca/redirect.aspx?&CodeDest=PATRICEMENARD&NoMLS=26115260&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~magog/26115260/photos 45.2668036400 -72.1446863500 true
Use of property
Residential and commercial
Year built
1961
Number of units
Residential (3), Commercial (1)
Residential units
2 x 3 ½, 1 x 6 ½
Potential gross revenue
$56,460
62

Description

This semi-commercial building is composed of 3 apartments and 1 business occupied by the creamery La Banquise on the busiest street in Magog. The premises and 2/3 of the apartments have been recently renovated. An excellent opportunity for an investor to earn residential rental income in addition to the commercial income generated by the creamery.
Centris No. 26115260

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Need more details?

Visit the real estate broker's website to see the detailed sheet for this property.

Listing broker

Nick Raymond, Commercial Real Estate Broker

Nick Raymond

Commercial Real Estate Broker

PMML

Real Estate Agency
PMML, Real Estate Agency
COVID‑19: Discover how real estate brokers and Centris.ca are adapting. Learn more

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Discover Magog

Population (2016) 26,669
Population variation between 2011 and 2016 5%
Population density 185 hab/km2
Unemployment rate (2016) 7%

Calculate mortgage payments

$
$
%
550,000 $
%
years
$

Estimated property transfer tax

$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
1 1 36926
Back top