Income properties for sale
308, Rue Brown, Cowansville
$1,099,000
Features
Use of property
Residential
Year built
1964
Building area (at ground level)
1,681 sqft
Lot area
15,714 sqft
Number of units
Residential (6)
Residential units
6 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
61,020 $
Description
Located at 308 Brown Street in Cowansville, this fully brick-and-stone residential building, constructed in 1964, presents an excellent investment opportunity. The detached property comprises six 4½-room apartments, generating estimated gross annual revenues of $61,020 as of July 1, 2025. Set on a 15,692.7 sq ft lot, it offers several tenant parking spaces along the left side. Such units are scarce in the area, rent quickly, and profitability increases through progressive rent adjustments--making this building an ideal choice for a first-time investor.
Centris No. 12069983
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $75,600 |
Building | $501,900 |
Total | $577,500 |
Taxes | |
---|---|
Municipal (2025) | $7,596 |
School (2025) | $409 |
Total | $8,005 |
Expenses | |
---|---|
Electricity | $300 |
Snow removal | $559 |
Total | $859 |
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