Excellent investment opportunity in the heart of Smiths Falls! This well-maintained brick 4-plex is located on a corner lot just steps from downtown and the scenic Rideau Canal.
Property Highlights:
✔ Four 2-bedroom units – tenants already in place
✔ Strong income – grossing $39,440 annually
✔ Tenants pay their own hydro (separately metered)
✔ Owner pays gas heating (forced air)
✔ Updates include: roof (2021), furnaces (2021), new windows/doors in several units
✔ Hot water tanks are owned
✔ Parking at the back of the property
Tenant Features:
• Upper units have private balconies
• Main level units have decks & shared access to large backyard
Location:
Smiths Falls offers a welcoming small-town feel with shops, restaurants, parks, museums, and trails – all within easy reach of Ottawa and Kingston.
A solid brick building with strong rental history and prime location – this is a true turnkey cash-flow property ready for your portfolio.
MLS X12438345