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 investmentcontact us today for more details or to schedule a viewing!
MLS# | X11968252 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 76 |
Listing Provided By | RE/MAX HALLMARK REALTY GROUP | X11968252 504301 |
SQ Feet | 2,122 |
---|---|
Acreage | 0.05 |
Province | ON |
---|---|
County | Lanark |
City | Smiths Falls |
Postal Code | K7A 2P4 |
Area | 901 Smiths Falls |
Listing VS Median (in K7A 2P4) | |
Price: $474,000 low | high Med: $549,000 SqFt: 2,122 low | high Med: 2,205 $ / SqFt: $223 low | high Med: $248 On site: 76 low | high Med: 76.000000 |