4-6 Russell Street E Smiths Falls, Ontario K7A 1E8
$1,200,000
Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you'll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don't miss out on this income-generating gem! Contact us today for financials and to schedule a private viewing. Commercial space may only be viewed during the retailers business hours. (id:37553)
Property Details
| MLS® Number | X11946453 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
Building
| Heating Type | Baseboard Heaters |
| Size Exterior | 5000 Sqft |
| Size Interior | 5,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 105 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | Bldg=50 X 105 Ft |
| Size Total Text | Bldg=50 X 105 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/27856602/4-6-russell-street-e-smiths-falls-901-smiths-falls
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January 30 2025 02:52:06
Ottawa Real Estate Board
Real Broker Ontario Ltd.