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$979,000
ULS: 10148583

5-6-7-Plex for sale - Magog

781 - 791 Rue du Moulin, Magog
MAGOG - AREA OF CHOICE. RARITY. Six-unit brick building, construction 2000, well located within walking distance of the head of Lake Memphremagog, Pointe Merry Park, pedestrian/cycling pathways and Marais de la Rivière-aux-Cerises. All services nearby, such as grocery, pharmacy, etc. as well as Main Street and its restaurants. Views towards Mount Orford and the marsh. Stable income.

ALBERT BRANDT

Real Estate Broker

RE/MAX D'ABORD INC.

WELCOME HOME - MAGOG

In the heart of the Eastern Townships, within 1 hour and 15 min from Montreal, 25 min to Sherbrooke. The City of Magog is located on the shores of the magnificent Lake Memphremagog which spans 32 miles from Magog to Newport, Vermont. Due to its beauty, size and proximity to Montreal, Lake Memphremagog has attracted the elite of Quebec business leaders and some of the most prestigious properties in Québec are found on its shores. Magog is a cultural center full of gastronomic opportunities and social events. Its bike trails, beaches and parks, alpine/cross country skiing in and around Mount Orford National Park, make it an ideal location for young families as well as retirees.
Dimensions 48' 11" X 41'
Year constructed 2000
Window Type Sliding
Siding Brick
Roofing Asphalt shingles
Kitchen Cabinets Melamine
Basement Outdoor entrance, 6 feet and more, Finished basement
Lot size 90' X 150'
Lot area 1,254.20 m²
Topography Sloped, Flat
View View of the mountain, Other
Distinctive Features No rear neighbours
Driveway Unpaved
Parking (total) Driveway (12)
Proximity Bicycle path, Elementary school, Alpine skiing, High school, Hospital, Daycare centre, Highway, Park, Downtown Magog
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 169,100
Building assessment
$ 551,400
Total
$ 720,500

Taxes

Municipal (2024)
$ 9,732
School (2023)
$ 640
Total
$ 10,372

Annual expenses

Management/Administration
$ 505
Insurance
$ 2,603
Other
$ 90
Snow removal
$ 2,070
Maintenance
$ 822
Lawn
$ 1,380
Total
$ 7,470

Gross annual revenues (potential)

Residential
$ 50,916
Total
$ 50,916

Inclusions

Lighting fixtures, shed/storage.

Exclusions

All furniture and personal effects of tenants, as well as a wall-mounted air conditioner (owned by tenant).

Desjardins

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