117 BROCKVILLE STREET, Smiths Falls, Ontario K7A 3Y7
$599,900.00
- 6 bedrooms
- 4 bathrooms
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 ... read more
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:25417)
- Listing ID: X11946434
- Property Type: Single Family
| Property | |
|---|---|
| Lot Size: | 60 by 120 FT Landscaped |
| Parking: | Attached Garage 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family Fourplex |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Water Heater |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Vinyl Siding |
| Basement: | Full (Unfinished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Town: | Smiths Falls |
| Province: | Ontario |
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