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$499,999
Est. payment /mo
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision 901 - Smiths Falls
MLS® Listing ID X13816998
Bedrooms 4
Half Baths 2
Property Description
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 3.4 m X 2.01 m Kitchen
Extra Room 2 Second level 3.66 m X 3.63 m Living room
Extra Room 3 Second level 1.78 m X 1.17 m Partial bathroom
Extra Room 4 Second level 3.48 m X 2.03 m Bedroom
Extra Room 5 Second level 3.48 m X 2.59 m Bedroom 2
Extra Room 6 Second level 3.61 m X 3.07 m Kitchen
Interior
Heating Baseboard heaters, ,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://www.youtube.com/shorts/URfzvzm68TQ
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Listed by ROYAL LEPAGE INTEGRITY REALTY
Nearby Locations
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