56 Victoria Avenue, Smiths Falls, ON K7A 2P4 (Cornelia St W to Victoria Ave)

Price : $399,000.00 , MLS®# : 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 investment opportunity!

Location Description

Cornelia St W to Victoria Ave

Property Details
  • Community: 901 - Smiths Falls
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 2500
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Open
Land (Lot Features)
  • Frontage: 66 sq.ft
  • Land Depth: 66sq.ft

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP