Income properties for sale
180 - 182, boulevard Louis-Joseph-Papineau, Cowansville
$8,750,000
$8,750,000
Income properties for sale
180 - 182, boulevard Louis-Joseph-Papineau, Cowansville
Features
Use of property
Residential
Year built
2023
Lot area
72,393 sqft
Number of units
Residential (32)
Residential units
10 x 3 ½, 22 x 4 ½
Potential gross revenue
$519,600
Description
SUPERIOR CONSTRUCTION 2023 - The units offer large volumes with 9 foot ceilings and large areas of up to 1213 square feet. The weighted rental average is $1.35 per square foot for a leasable area of 35,280 square feet. This range of units attracts a niche clientele, facilitating management.
Centris No. 15322936
Financial details
| Municipal assessment (2022) | |
|---|---|
| Lot | $617,400 |
| Building | $7,133,600 |
| Total | $7,751,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $72,655 |
| School (2026) | $5,761 |
| Total | $78,416 |
| Expenses | |
|---|---|
| Electricity | $3,645 |
| Insurance | $12,662 |
| Superintendent | $11,680 |
| Snow removal | $5,289 |
| Maintenance | $19,520 |
| Lawn | $1,084 |
| Total | $53,880 |
See all financial details