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$399,000
Available - For Sale
Listing ID: X11968252
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 investment opportunity!
Price $399,000
Taxes: $2,500
Tax Type: Annual
Occupancy by: Tenant
Address: 56 Victoria Aven , Smiths Falls, K7A 2P4, Lanark
Postal Code: K7A 2P4
Province/State: Lanark
Legal Description: PT LT 173 N/S DANIEL ST PL 13884 LANARK
Directions/Cross Streets: Cornelia St W to Victoria Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,122
Total Area Code:  Square Feet
Maintenance: 0
Water Expense: $1300
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

56 Victoria Aven , Smiths Falls, K7A 2P4, Lanark


 
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: x 66.00(Feet)
Approximate Age:
Tax: $2,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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