Property Information:
Eight-unit income property in a great location in Magog. Brick construction offering excellent solidity. The building includes 7 4½ units and 1 3½ unit, each with a parking space and storage. As of July 1, 2026, gross annual income will be $66,228 (all leases are renewed until June 30, 2027 - heating and electricity at the tenants' expense). Paved driveway with 8 parking spaces. Strategic location close to elementary and high schools, parks, grocery stores, and the highway. Just minutes from downtown Magog and beautiful Lake Memphremagog.
* This sale is made without any legal guarantee of quality, at the buyer's own risk.
* The income indicated on the listing is the income as of July 1, 2026. The gross annual income will be $66,228 (all leases are renewed until June 30, 2027).
* The seller will only allow a viewing of the property after a promise to purchase has been accepted.
*All promises to purchase must be valid for a minimum period of 72 hours, but the seller reserves the right to respond before the end of this period.
* All units have washing machine and dryer hookups.
* No visitor parking.
Building Features:
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Common Walls:
Detached
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Construction Materials:
Brick
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Foundation Details:
Poured concrete
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Heating:
Electric baseboard units, Electricity
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Lot Features:
Highway, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Snowmobile trail, ATV trail, Landscaped
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Parking Features:
Asphalt
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Roof:
Elastomeric membrane
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Size:
11.29 x 15.83 METRE
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Utilities:
Water Connected, Electricity Connected, Sewer Connected
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Water Source:
Municipality
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Window Features:
PVC, Sliding
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Sewer:
Municipality
Courtesy of: Royal LePage Au Sommet
Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.
Sold without legal warranty of quality, at the buyer's own risk.
