For sale
Multi-Family

4-6 Russell Street E

$1,200,000
Smiths Falls, Ontario, K7A 1E8

Overview

  • Updated On:
  • April 01 2025
  • MLS® Number
  • X11946453

Description

Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you'll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don't miss out on this income-generating gem! Contact us today for financials and to schedule a private viewing. Commercial space may only be viewed during the retailers business hours. (id:57887)

Price:
Price Info:
Property Size: 5000 sqft
Property Type: Multi-family
Building Type: Multi-Family
Cooling & Heating
Baseboard heaters
$ 6,152.64
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,652.64
Size
SizeExterior: 5000 sqft
SizeInterior: 5000 sqft
Utility
UtilityWater: Municipal water
Acreage: No
SizeDepth: 105 Ft
SizeFrontage: 50 Ft
SizeIrregular: Bldg=50 X 105 Ft
SizeTotalText: Bldg=50 X 105 Ft
ZoningDescription: C1
  • Your Favourites

     

    No Favourites Found

     

  • Search

Compare Listings