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Income properties for sale
146, Rue Hanson, Cowansville
$1,179,000
$1,179,000
Income properties for sale
146, Rue Hanson, Cowansville
Features
Use of property
Residential
Year built
1968
Building area (at ground level)
1,775 sqft
Lot area
9,547 sqft
Number of units
Residential (7)
Residential units
2 x 2 ½, 5 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
69,180 $
Description
Located at 146 Hanson Street in Cowansville, this all-brick residential building, constructed in 1968, represents an excellent investment opportunity. The detached multi-unit property consists of five 4 ½ apartments and two 2 ½ apartments, with estimated gross annual income of $69,180 as of July 1, 2025. Set on a 9,546.5 sq ft lot, the building offers several front parking spaces for tenants. A rarity in the area, the units rent quickly and profitability is increasing thanks to gradual rent adjustments, making this property an ideal choice for a first-time investor.
Centris No. 23220738
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Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $186,200 |
| Building | $470,700 |
| Total | $656,900 |
| Taxes | |
|---|---|
| Municipal (2025) | $8,740 |
| School (2025) | $443 |
| Total | $9,183 |
| Expenses | |
|---|---|
| Electricity | $901 |
| Gas | $1,379 |
| Snow removal | $559 |
| Total | $2,839 |
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