4-6 Russell Street, Smiths Falls, ON K7A 1E8

Smiths Falls K7A 1E8 Ontario

MLS: X11946453

$1,200,000

Added 10 days ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50 X 105
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Russell St & Brockville St
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $10021.88
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X11946453

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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