**Turnkey 5-Unit Investment Property in Prime Smiths Falls Location**An excellent opportunity to own a **recently renovated five-unit income property** in the heart of Smiths Falls! Perfectly positioned **right in front of the train station**, this location offers unmatched convenience for tenants and strong rental demand.This property is projected to generate a **gross income of $59,465 and a net income of $45,600**, making it a **high-yield investment** with solid cash flow. Two of the five units are **vacant and ready for you to set your own rents**, maximizing your returns from day one.With modern updates already completed, this **turnkey investment** is ideal for investors looking for a **low-maintenance, income-generating property** in a growing market. Don't miss outcontact us today for more details or to book a showing! |
Price | $649,000 |
Taxes: | $3000.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 58-60 Victoria Ave , Smiths Falls, K7A 2P4, Ontario |
Postal Code: | K7A 2P4 |
Province/State: | Ontario |
Lot Size: | 60.00 x 132.00 (Feet) |
Directions/Cross Streets: | Cornelia St W to Victoria Ave |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 2288.00 |
Total Area Code: | Sq Ft |
Insurance Expense: | $2800 |
Heat Expenses: | $2600 |
Hydro Expense: | $3885 |
Water Expense: | $1580 |
Gross Income/Sales: | $52057 |
Expenses Actual/Estimated: | $Act |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY GROUP |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Lanark |
Municipality: | Smiths Falls |
Neighbourhood: | 901 - Smiths Falls |
Lot Size: | 60.00 x 132.00(Feet) |
Tax: | $3,000 |