$474,000
FOR SALE

Multiplex

Lot: 66 x 66 ft

56 Victoria Avenue
Smiths Falls, ON K7A 2P4

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 investmentcontact us today for more details or to schedule a viewing! (id:47421)
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11968252
Last Updated Mar 17, 2025
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Community 901 - Smiths Falls
Price History

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Detailed Information
Lot 66 x 66 ft
Listing Contract Date 2025-02-11
Location Description Cornelia St W to Victoria Ave
Property Type Multi-family
Transaction Type For sale
Zoning Description M2
Business
Business Type Residential
Business Subtype Apartments
Building
Appliances Stove, Refrigerator
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 2122 square feet
Type Multi-Family
Utility Water Municipal water
Land
Total Size Bldg=66 x 66 FT
Size of Irregular Land Bldg=66 x 66 FT
External Links

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