117 Brockville Street Smiths Falls, Ontario K7A 3Y7
$599,900
Rarely offered, very well maintained quadplex 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. (id:19720)
Property Details
| MLS® Number | X11946434 |
| Property Type | Single Family |
| Community Name | 901 - Smiths Falls |
| Parking Space Total | 5 |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 120 Ft |
| Size Total Text | 60 X 120 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/27856556/117-brockville-street-smiths-falls-901-smiths-falls
Interested?
Contact us for more information
Tammy Dopson
Salesperson
www.tammydopson.com/
474 Hazeldean, Unit 13-B
Kanata, Ontario K2L 4E5
(613) 744-5000
(613) 254-6581
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January 30 2025 02:52:05
Ottawa Real Estate Board
Sutton Group - Ottawa Realty