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 investmentcontact us today for more details or to schedule a viewing! (id:55625)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X11968252 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
| Appliances | Stove, Refrigerator |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 2122 Sqft |
| SizeInterior | 2122 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 66 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | Bldg=66 X 66 Ft |
| SizeTotalText | Bldg=66 X 66 Ft |
| ZoningDescription | M2 |
https://www.realtor.ca/real-estate/27904344/56-victoria-avenue-smith-falls-901-smiths-falls
Leo Alvarenga
Broker
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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