For sale
Multi-Family

56 Victoria Avenue

$474,000
Smith Falls, Ontario, K7A 2P4

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X11968252

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! (id:57887)

Price:
Price Info:
Property Size: 2122 sqft
Property Type: Multi-family
Building Type: Multi-Family
Appliances
Stove
Refrigerator
Cooling & Heating
Natural gas
Other
$ 2,430.29
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,837.79
Size
SizeExterior: 2122 sqft
SizeInterior: 2122 sqft
Utility
UtilityWater: Municipal water
Acreage: No
SizeDepth: 66 Ft
SizeFrontage: 66 Ft
SizeIrregular: Bldg=66 X 66 Ft
SizeTotalText: Bldg=66 X 66 Ft
ZoningDescription: M2
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