56 Victoria AVE Active

Smiths Falls,ON K7A 2P4

$ 499000

- Bed

- Bath

2122 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,122 sqft

Price per Sqft $235

Subdivision 901 - Smiths Falls

MLS Listing ID X11968252

Annual Tax Amount $2,500

Tax Year 2024

Property Sub-Type Investment

Property 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!

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 66.0

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