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$599,900
Available - For Sale
Listing ID: X11946434
Rarely offered, very well maintained fourplex with over 7% cap rate in area with low vacancy, growing population in an Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $54590 for 2024 Gross Rent. Cashflow(after taxes, utilities, insurance) is $45081 offering a 7.5% cap rate. A solid investment for the savvy investor.
Price $599,900
Taxes: $4,444.4
Address: 117 Brockville St , Smiths Falls, K7A 3Y7, Ontario
Lot Size: 60 x 120 (Feet)
Directions/Cross Streets: BROCKVILLE ST AND OAK ST
Rooms: 12
Bedrooms: 6
Washrooms: 4
Kitchens: 4
Family Room: N
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Main
Washroom 3:  4 2nd
Washroom 4:  4 2nd
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: Attached
(Parking/)Drive: Other
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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SUTTON GROUP - OTTAWA REALTY

117 Brockville St , Smiths Falls, K7A 3Y7, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style: 2-Storey
Lot Size: 60.00 x 120.00(Feet)
Approximate Age: 100+
Tax: $4,444.4
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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