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Home ON Smiths Falls
56 VICTORIA AVENUE
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56 VICTORIA AVENUE $474,000
$474,000
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56 VICTORIA AVENUE
Smith Falls, Ontario K7A2P4

MLS® Number: X11968252

Listing Description

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! (39872596)

Location Description

Cornelia St W to Victoria Ave

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
901 - Smiths Falls
Land Size
Bldg=66 x 66 FT
Annual Property Taxes
$2,500
Time on REALTOR.ca
62 days

Building

Interior Features
Appliances Included
Stove, Refrigerator
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
2122 sqft
Exterior Building Size
2122 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
66 ft
Other Property Information
Zoning Description
M2
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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