$260,000
$320,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/02/2023
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9478082
Sold Date 10/02/23
Annual Tax Amount $2,656
Tax Year 2022
Property Description
BRICK 4-PLEX WITH GAS HEATING IN AN ALL RESIDENTIAL AREA ON A QUIET STREET, WITH A HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES OF THE BUSINESS SECTION,CLOSE TO THE WORLD HERITAGE SITE RIDEAU CANAL WITH MANY WALKING TRAILS ALONG THE CANAL & ADJOINING PARK WITH MANY YEARLY FESTIVALS,4 HYDRO METERS, SMITHS FALLS IS ONLY 12 MILES FROM PERTH WHERE THE VALUE OF BRICK BUILDINGS HAS SKYROCKETED,PRESENTLY BRICK BUILDINGS IN SMITHS FALLS ARE VERY AFFORDABLE,TREMENDOUS UPSIDE POTENTIAL ON THE RENTAL INCOME WITH THE APTS BEING GROSSLY UNDER RENTED, THIS BUILDING WILL CATAPULT YOU INTO A NEW HEMISPHERE OF THE REAL ESTATE WORLD AS YOU BECOME A BIG-TIME CASH GENERATOR,OWNING MULTI-RESIDENTIAL REAL ESTATE IS THE BEST INVESTMENT DURING TOUGH TIMES- BUSINESSES CLOSE & COMMERCIAL REAL ESTATE DOES POORLY EXCEPT MULTI-RESIDENTIAL BECAUSE EVERYONE STILL NEEDS A PLACE TO LIVE,INVESTORS BECOME MORE SUCCESSFUL WHEN THEY BUY 4-PLEXES, RENTS ARE 2A- $737.02 2B- $669.65 2C- $709.00 4- $646.95 CASH COW, Flooring: Mixed
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Zoning COMMERCIAL 1 C1
Region 901 - Smiths Falls
City Region 901 - Smiths Falls
Rooms
Basement Other, Unfinished
Interior
Cooling None
Exterior
Garage Spaces 4.0
Roof Type Asphalt Shingle
Lot Frontage 42.75
Lot Depth 60.0
Total Parking Spaces 4
Building
Foundation Stone
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