Income properties for sale
176 - 178, boulevard Louis-Joseph-Papineau, Cowansville
$8,750,000
$8,750,000
Income properties for sale
176 - 178, boulevard Louis-Joseph-Papineau, Cowansville
Features
Use of property
Residential
Year built
2023
Lot area
71,141 sqft
Number of units
Residential (32)
Residential units
10 x 3 ½, 22 x 4 ½
Potential gross revenue
$512,076
Description
Superior Construction 2023 - The units offer ample space with 9-foot ceilings and large floor areas of up to 1,213 square feet. The weighted average rent is $1.23 per square foot for a leasable area of 35,280 square feet. This range of units attracts a desirable clientele, making management easier.
Centris No. 21313270
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $616,000 |
| Building | $7,135,000 |
| Total | $7,751,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $72,655 |
| School (2025) | $5,761 |
| Total | $78,416 |
| Expenses | |
|---|---|
| Electricity | $3,086 |
| Insurance | $12,662 |
| Superintendent | $11,680 |
| Snow removal | $5,298 |
| Maintenance | $19,520 |
| Lawn | $1,084 |
| Total | $53,330 |
See all financial details