to sell - Z, Rue Champlain, Magog - 1 575 000 $ - MLS / ID 27964508

Description

IMPECCABLE! 15-unit building fully rented and located in an area in demand. Includes 4 X 3 1/2, 7 X 4 1/2 and 4 X 5 1/2. Doors, windows and recent roof. Carefully maintained over the years. Paid laundry room in the basement. Gross annual income of $118, 128$ starting on 1 july 2023. Visit on accepted promise of purchase only.

General
Built year	1972
Financial recovery	No
Lot's evaluation	156 600 $
Building evaluation	984 300 $
Total evaluation	1 140 900 $

Costs
Insurance	9 617 $
Energy cost	8 912 $
Municipal Taxes	18 504 $
School taxes	1 036 $
Total	38 069 $

Other informations
Year evaluation	2023
Property Category	Revenue property
Type of building	Detached
Number of floors	3
Frontview of the building	18.32 Meters
Depth of the building	18.51 Meters
Lot frontage	51.09 Meters
Depth of field	57.91 Meters
Lot area	2118.5 Square meters
Number of pieces	4
Number of rooms	2
Number of bathrooms	1
Total number of units	15
Status	Sold

Additional Features
Driveway	Asphalt
Landscaping	Land / Yard lined with hedges, Fenced
Cupboard	Melamine, Wood
Heating system	Hot water
Water supply	Municipality
Heating energy	Natural gas
Equipment available	Central vacuum cleaner system installation, Entry phone
Windows	Aluminum, PVC
Foundation	Poured concrete
Siding	Brick, Aggregate, Vinyl
Distinctive features	Wooded lot: hardwood trees, Environmental study phase 1
Proximity	Highway, Golf, Park - green area, Elementary school, High school, Daycare centre, Hospital, Bicycle path, Alpine skiing, Cross-country skiing
Available services	Laundry room, Jet system, Fire detector
Basement	Partially finished, 6 feet and over, Separate entrance
Parking	Outdoor (24)
Sewage system	Municipal sewer
Window type	Sliding, Crank handle
Roofing	Elastomer membrane
Topography	Flat
Zoning	Residential

PDF format 3D visit

Additional Information

A 3-year agreement with the Canada-Quebec framework on social housing (SCHL and SHQ) was signed in September 2021, which guarantees the rents for the 5 units covered by this agreement. The future buyer must respect this agreement and notify 1 year before the end of the renewal if he does not wish to continue.

List of renovations carried out:

- In 2012: change 16 windows and electrical panels

- In 2013: renovation of the storage locker space and renovation of apartment #14

- In 2014: addition of a furnace and smart water heater high efficiency for all dwellings

- In 2015: change of 12 windows and renovation of apartments #8 and #2

- In 2016: renovation of hallways and doors. Renovation of apartment #5

- In 2017: renovation of apartments #6 and #13

- In 2018: repair of the asphalt courtyard and renovation of apartment #7

- In 2019: renovation of apartments #8 and #12

- In 2020: renovation of apartment #11

- In 2021: renovation of apartment #2

- In 2022: renovation of the bathroom in apartment #5

A few years ago: modification of the fire alarm system to bring it up to standard.

Each of the apartments has a washer-dryer connection except the 3 1/2. A paying laundry room is accessible in the basement.

PHASE 1 environmental study carried out in 2011 available.

Visit on accepted promise of purchase only.

Inclusion

Central vacuum and its accessories, paying washing machine and dryer in the basement laundry room, 2 small used refrigerators and a new stove, outdoor shed, stoves and refrigerators in apartments #16, #8 and #4, plumbing supplies on site.

Exclusion

The tools and personal effects of the workshop in the basement, the lawn tractor and the leaf collector, the furniture and the personal effects of the tenants.