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:37553)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11968252 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
Building
| Appliances | Refrigerator, Stove |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 2122 Sqft |
| Size Interior | 2,122 Ft2 |
| 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
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February 19 2025 07:03:01
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group