ON > Smiths Falls > 901 - Smiths Falls
Smiths Falls, ON K7A 1E8,4-6 Russell ST E
Smiths Falls, ON K7A 1E8,4-6 Russell ST E
Smiths Falls, ON K7A 1E8,4-6 Russell ST E
Smiths Falls, ON K7A 1E8,4-6 Russell ST E
Smiths Falls, ON K7A 1E8,4-6 Russell ST E
Smiths Falls, ON K7A 1E8,4-6 Russell ST E
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 1,200,000
Est. payment | /mo

5,000 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

5,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $240

Subdivision 901 - Smiths Falls

MLS Listing ID X11946453

Annual Tax Amount $10,021

Tax Year 2024

Property Sub-Type Investment

Property Description

Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you'll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don't miss out on this income-generating gem!

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 50.0

Lot Depth 105.0

Listed by REAL BROKER ONTARIO LTD.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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