ON > Smiths Falls > 901 - Smiths Falls
Smiths Falls, ON K7A 2P4,56 Victoria AVE
Smiths Falls, ON K7A 2P4,56 Victoria AVE
Smiths Falls, ON K7A 2P4,56 Victoria AVE
Smiths Falls, ON K7A 2P4,56 Victoria AVE
Smiths Falls, ON K7A 2P4,56 Victoria AVE
Smiths Falls, ON K7A 2P4,56 Victoria AVE
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 399,000
Est. payment | /mo

2,122 SqFt

Save
$ 399,000
Est. payment | /mo
Save

2,122 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,122 sqft

Price per Sqft $188

Subdivision 901 - Smiths Falls

MLS Listing ID X11968252

Annual Tax Amount $2,500

Tax Year 2024

Property Sub-Type Investment

Property Description

High-Yield Fourplex Investment in Prime Smiths Falls LocationInvest in this affordable fourplex in the heart of Smiths Falls, ideally situated right in front of the train station, a prime location for tenants seeking convenience. Generating a gross income of $40,600 and a net income of $30,500, this property boasts a solid 6.11% cap rate, making it a smart addition to any investors portfolio. Great income generating property with potential for future value-add improvements, this is a fantastic opportunity to build wealth in an affordable and growing market. Don't miss out on this high-yield investment opportunity!

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 66.0

Listed by RE/MAX HALLMARK REALTY GROUP
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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