$399,000
Available - For Sale
Listing ID: X11968252
56 Victoria Avenue , Smiths Falls, K7A 2P4, Lanark
| High-Yield Fourplex Investment in Prime Smiths Falls LocationInvest in this affordable fourplex in the heart of Smiths Falls, ideally situated within walking distance of the VIA RAIL 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 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: | $2500.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 56 Victoria Avenue , 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2122.00 |
| Total Area Code: | Square Feet |
| Water Expense: | $1300 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
$
%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY GROUP |
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Bus:
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At a Glance:
| Type: | Com - Investment |
| Area: | Lanark |
| Municipality: | Smiths Falls |
| Neighbourhood: | 901 - Smiths Falls |
| Tax: | $2,500 |
| Fireplace: | N |
Locatin Map:
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