4-6 RUSSELL STREET E Smiths Falls

4-6 RUSSELL STREET E, Smiths Falls, Ontario

$1,200,000

  • 5,000 Square Feet

Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you'll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don't miss out on this income-generating gem! Contact us today for financials and to schedule a private viewing. Commercial space may only be viewed during the retailers business hours. (id:56241)

  • Listing ID: X11946453
  • Property Type: Multi-family

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Details

  • Transaction: For sale
  • Zoning Description: C1

Building

  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Exterior: 5000 sqft
  • Size Interior: 5000 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 50 ft
  • Size Irregular: Bldg=50 x 105 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 4-6 RUSSELL STREET E in Smiths Falls Ontario. It was last modified on January 29th, 2025. Contact us to schedule a viewing or to discover other Smiths Falls real estate for sale.

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