34 MARKET STREET, Smiths Falls, Ontario K7A 2E6
$499,999.00
- 4 bedrooms
- 4 bathrooms
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished ... read more
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:25417)
- Listing ID: X13816998
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 47 by 30 FT |
| Parking: | No Garage |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| Appliances: | Oven - Built-In |
| HVAC: | Baseboard Heaters, Central Air Conditioning and Fireplace Electric, Natural Gas |
| Exterior: | Brick and Steel |
| Basement: | Crawl Space |
| Utilities: | Cable, Electricity, Sewer and Sanitary Sewer |
| Location | |
|---|---|
| Town: | Smiths Falls |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 3.4 m x 2.01 m |
| Living room | Second level | 3.66 m x 3.63 m |
| Partial bathroom | Second level | 1.78 m x 1.17 m |
| Bedroom | Second level | 3.48 m x 2.03 m |
| Bedroom 2 | Second level | 3.48 m x 2.59 m |
| Kitchen | Second level | 3.61 m x 3.07 m |
| Living room | Second level | 3.81 m x 2.69 m |
| Bathroom | Second level | 1.3 m x 1.52 m |
| Bedroom | Second level | 3.28 m x 3.23 m |
| Office | Ground level | 3.58 m x 3.35 m |
| Office | Ground level | 2.95 m x 2.21 m |
| Office | Ground level | 4.57 m x 2.46 m |
| Partial bathroom | Ground level | 2.16 m x 1.8 m |
| Partial bathroom | Ground level | 2.39 m x 1.8 m |
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