190-194 Rue D'arcy - Apartments FOR SALE


Magog, QC J1X 1R6
$1,200,000 CAD
514-360-3603
190-194 Rue D'arcy, Magog, QC for Sale
$1,200,000 CAD
Apartments - FOR SALE
1/1
null | 3.9% Cap Rate

190-194 Rue D'arcy
Magog, QC J1X 1R6


HIGHLIGHTS

  • Possibility of adding a commercial space (subject to verification – the buyer will need to conduct their own inquiries with the City).
  • Excellent potential for income optimization.
  • Energy costs fully covered by tenants.
  • Ample parking space on the property.

OVERVIEW

Located in Magog, this 8-unit income property represents an excellent opportunity for investors. Within immediate proximity to amenities, the property, consisting of 1 x 5½, 3 x 4½, and 4 x 3½ units, offers strong potential for optimization. Additionally, renovations have been carried out over the years. Flexible zoning!

FOR SALE DETAILS

PRICE

$1,200,000 CAD

PRICE/SF

$221 CAD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

3.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,869 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

514-360-3603

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514-360-3603

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