7 Bedroom
3 Bathroom
3,500 - 5,000 ft2
Forced Air
$399,900
Start cashing in each month with the purchase of this income producing triplex located on the corner of beautiful Maple ave and Church street W in Smiths Falls. This side by side triplex is ideally located steps away from the downtown core on a corner lot. Each unit has a private deck, parking and laundry hook ups. Unit 21 Church is currently tenanted with a long term, great tenant who pays ($940.25) plus heat and hydro. 23 Church St is a VACANT 2 bedroom plus den apartment and 25 Church is also a VACANT 2 bedroom plus den apartment allowing new owners to set the rent rate and welcome new tenants. There are two water mains going into the building, one servicing 21 Church and the other servicing 23 and 25 Church Street, which could allow for tenants to pay their own water in the future. With an 11% cap rate this is an excellent property for a handy person looking to get into property investing. This property has the potential to gross $53,283 a year. Book a showing today! (id:56864)
Property Details
MLS® Number
|
X12167317 |
Property Type
|
Multi-family |
Community Name
|
901 - Smiths Falls |
Amenities Near By
|
Schools |
Community Features
|
Community Centre |
Parking Space Total
|
3 |
Structure
|
Deck |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
7 |
Bedrooms Total
|
7 |
Amenities
|
Separate Electricity Meters |
Appliances
|
Water Meter, Stove, Refrigerator |
Basement Development
|
Unfinished |
Basement Type
|
N/a (unfinished) |
Exterior Finish
|
Vinyl Siding |
Foundation Type
|
Stone |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
3,500 - 5,000 Ft2 |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
83 Ft |
Size Frontage
|
60 Ft |
Size Irregular
|
60 X 83 Ft |
Size Total Text
|
60 X 83 Ft |
Utilities
https://www.realtor.ca/real-estate/28353620/25-church-street-w-smiths-falls-901-smiths-falls