18
See all 18 photos
$399,900
Est. payment /mo
7 Beds
3 Baths
3,500 SqFt
New
25 CHURCH STREET W Smiths Falls, ON K7A1P6
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $114
Subdivision 901 - Smiths Falls
MLS® Listing ID X12167317
Bedrooms 7
Source Ottawa Real Estate Board
Property Description
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 to add to your portfolio. This property has the potential to gross $53,283 a year. Book a showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX AFFILIATES REALTY LTD.