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4-6 Russell Street E Smiths Falls, Ontario K7A 1E8

5000 sqft
Baseboard Heaters

$1,200,000

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:6673)

Property Details

MLS® Number X11946453
Property Type Multi-family
Community Name 901 - Smiths Falls

Building

HeatingType Baseboard Heaters
SizeExterior 5000 Sqft
SizeInterior 5000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 105 Ft
SizeFrontage 50 Ft
SizeIrregular Bldg=50 X 105 Ft
SizeTotalText Bldg=50 X 105 Ft
ZoningDescription C1

https://www.realtor.ca/real-estate/27856602/4-6-russell-street-e-smiths-falls-901-smiths-falls

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Deb Driscoll
Salesperson


Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7

Jaime Peca
Salesperson


Real Broker Ontario Ltd.
1 Rideau St Unit 7th Floor
Ottawa, Ontario K1N 8S7