Income properties for sale
156, Rue Loiselle, Cowansville
$1,039,000
Features
Use of property
Residential
Year built
1963
Building area (at ground level)
1,817 sqft
Lot area
10,980 sqft
Number of units
Residential (7)
Residential units
1 x 1 ½, 2 x 3 ½, 4 x 4 ½
Main unit
3 rooms, 1 bedroom, 1 bathroom
Potential gross revenue
60,960 $
Description
Located at 156 Loiselle Street in Cowansville, this fully brick-clad residential building, constructed in 1963, presents an excellent investment opportunity. The detached property contains four 4½-room units, two 3½-room units, and one 1½-room studio, generating estimated gross annual revenues of $60,960 as of July 1, 2025. Set on a 10,980.3 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 with progressive rent adjustments--making this building an ideal choice for a first-time investor.
Centris No. 16822690
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Financial details
Municipal assessment (2025) | |
---|---|
Lot | $74,900 |
Building | $569,900 |
Total | $644,800 |
Taxes | |
---|---|
Municipal (2025) | $8,654 |
School (2024) | $431 |
Total | $9,085 |
Expenses | |
---|---|
Electricity | $1,020 |
Snow removal | $559 |
Total | $1,579 |
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