LOADING

11 River Street Smiths Falls, Ontario K7A 3S3

Hot Water Radiator Heat, Radiant Heat

$1,599,000

Excellent opportuniuty to get into the investing game. Solid 11 unit apartment building loacted in great rental market, walking distance to downtown, historic Rideau Canal, parks,schools and churches with plenty of parking. Several units recently renovated, rubber membrane flat roof 10 yrs old, 7 single car garages generate extra income and onsite laundry managed by Coin-a-matic. Some units are below market rent providing massive opportunity to increase revenue and future value. Centrally located between Ottawa, Kingston, Brockville and Carleton Place helps make this area an extremely popular rental market for young and old. There is a huge shortage of rental units driving up demand so now is the time to get into game and start creating passive income. (id:34193)

Property Details

MLS® Number 1258450
Property Type Multi-family
Neigbourhood Smiths Falls
Parking Space Total 15

Building

Exterior Finish Brick, Vinyl
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat, Radiant Heat
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 223 Ft ,2 In
Size Irregular 223.17 Ft X * Ft (irregular Lot)
Size Total Text 223.17 Ft X * Ft (irregular Lot)
Zoning Description Residential R5

https://www.realtor.ca/real-estate/23565465/11-river-street-smiths-falls-smiths-falls

Interested?

Contact us for more information


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Ken Beaton
Broker

(613) 859-4309

Exp Realty
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4

(866) 530-7737
(647) 849-3180
www.exprealty.ca

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