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- MLS#1214076
- TypeMulti-Family
- CitySmiths Falls
- NeighbourhoodSMITH FALLS
- Postal CodeK7A 2Y4
- Style
- Price$ 995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Keller Williams Integrity Realty
Property Description
10% CAP RATE!!! Fantastic investment opportunity in Smiths Falls. Centrally located FULLY RENTED 12 unit, 3 storey brick apartment building. Units are comprised of 10-bachelors and 2-one bed units. Close to all downtown amenities and shopping. Hydro separated! GROSS INCOME $118,800. Total expenses $20,718. (Hydro $700 Gas $4700 Water $2800 Taxes $8728 Insurance $3790) NET INCOME $98,082. 10 of the 12 units renovated in 2019. Great opportunity for MEGA CASH FLOW. (id:27)
Price History | |
---|---|
10/8/2020 | Listed $995,000 |
General Features
Garage | no |
---|---|
Listing Type | Investment |
Neighbourhood | SMITH FALLS |
Parking | no |
Property Type | Multi-family |
Sewer | Municipal sewage system |
Terms | SALE |
Wheel Chair Access | no |
Zoning | COMMERCIAL |
Interior Features
Fireplace | no |
---|---|
Foundation Type | Poured Concrete |
Heating Fuel | Natural gas |
Exterior Features
Exterior Finish | Brick |
---|---|
Lot Frontage | 41.0 |
Lot Size | 41 ft X 120 ft |
Pool Y/N | no |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool