$849,000

Investment For Sale In Smiths Falls, Ontario

$849,000

Property Information:

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls' most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property's upscale surroundings and historic charm make it especially attractive to reliable tenants. Contact Brad Closs for more information or to arrange a viewing. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050 (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Other, See Remarks, Unfinished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 11
  • Bathrooms: 4
  • Amenities Nearby: Golf Nearby
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 80 Feet
  • Lot Frontage: 60 Feet
  • Lot Size: 60 x 80 FT ; 0
  • Utility Type: Telephone - Connected, Cable - Available,
  • Zoning: Residential R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.