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.
Located at 146 Hanson Street in Cowansville, this all-brick residential building, constructed in 1968, represents an excellent real-estate investment opportunity. The detached multi-unit property comprises five 4 ½ units and two 2 ½ units. Annual gross income, as of July 1, 2025, is projected to reach $69,180.00.
The building sits on a 9,546.5 sq. ft. lot, providing several front parking spaces for tenants.
This property is an outstanding choice for a beginner investor in the residential rental market. Rare in the area, the units rent easily, and profitability is rising thanks to the gradual adjustment of rents.