11 River Street Smiths Falls, Ontario K7A 3S3
$1,599,000
Excellent opportuniuty to get into the investing game. Solid 11 unit apartment building loacted in great rental market, walking distance to downtown, historic Rideau Canal, parks,schools and churches with plenty of parking. Several units recently renovated, rubber membrane flat roof 10 yrs old, 7 single car garages generate extra income and onsite laundry managed by Coin-a-matic. Some units are below market rent providing massive opportunity to increase revenue and future value. Centrally located between Ottawa, Kingston, Brockville and Carleton Place helps make this area an extremely popular rental market for young and old. There is a huge shortage of rental units driving up demand so now is the time to get into game and start creating passive income. (id:25350)
Property Details
| MLS® Number | 1258450 |
| Property Type | Multi-family |
| Neigbourhood | Smiths Falls |
| Parking Space Total | 15 |
Building
| Exterior Finish | Brick, Vinyl |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat, Radiant Heat |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 223 Ft ,2 In |
| Size Irregular | 223.17 Ft X * Ft (irregular Lot) |
| Size Total Text | 223.17 Ft X * Ft (irregular Lot) |
| Zoning Description | Residential R5 |
https://www.realtor.ca/real-estate/23565465/11-river-street-smiths-falls-smiths-falls
Interested?
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Ken Beaton
Broker
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
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August 24 2021 02:10:41
Ottawa Real Estate Board
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