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Smiths Falls,ON K7A 1M7
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 901 - Smiths Falls
MLS Listing ID X12166932
Style 2-Storey
Bedrooms 9
Annual Tax Amount $4,288
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Located in the heart of Smiths Falls, this 4-plex offers steady rental income and excellent future potential. The building includes three 2-bedroom units and one 3-bedroom unit and currently generates $5,100/month in rent, with all utilities included. The property is serviced by two furnaces and two electrical panels, with pony panels feeding each unit. Windows were updated in the last 10-15 years to enhance energy efficiency. Tenants benefit from ample on-site parking, and a detached garage offers dedicated storage space for three units a highly valued feature. Ideally located in the downtown core, residents enjoy convenient walkability to shops, restaurants, parks, and essential services. A solid, income-producing asset with room to grow ideal for investors looking to expand their portfolio in a growing community.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features None
Cooling None
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 120.0
Total Parking Spaces 4
Building
Foundation Stone
Others
Senior Community Yes