List Price: $599,900
117 Brockville Street, Smiths Falls, K7A 3Y7
- By SUTTON GROUP - OTTAWA REALTY
Fourplex|MLS - #X11946434|New
6 Bed
4 Bath
Attached Garage
Client Remarks
Rarely offered, very well maintained fourplex with over 7% cap rate in area with low vacancy, growing population in an Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $54590 for 2024 Gross Rent. Cashflow(after taxes, utilities, insurance) is $45081 offering a 7.5% cap rate. A solid investment for the savvy investor.
Property Description
117 Brockville Street, Smiths Falls, K7A 3Y7
Property type
Fourplex
Lot size
N/A acres
Style
2-Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Full,Unfinished
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--
Walk around the neighborhood
117 Brockville Street, Smiths Falls, K7A 3Y7Nearby Places
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
MORTGAGE INFO
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$0 Principal and Interest
$0 Property Taxes
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