56 Victoria Avenue Smiths Falls, Ontario K7A 2P4
$499,000
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:48755)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11968252 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
Building
| Appliances | Stove, Refrigerator |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 2122 Sqft |
| Size Interior | 2122 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 66 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | Bldg=66 X 66 Ft |
| Size Total Text | Bldg=66 X 66 Ft |
| Zoning Description | M2 |
https://www.realtor.ca/real-estate/27904344/56-victoria-avenue-smiths-falls-901-smiths-falls
Interested?
Contact us for more information
Leo Alvarenga
Broker
www.goodstory.ca/
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 10 2025 08:28:13
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group