36 Chambers Street Smiths Falls, Ontario K7A 2Y4
$995,000
10% CAP RATE!!! Fantastic investment opportunity in Smiths Falls. Centrally located FULLY RENTED 12 unit, 3 storey brick apartment building. Units are comprised of 10-bachelors and 2-one bed units. Close to all downtown amenities and shopping. Hydro separated! GROSS INCOME $118,200. Total expenses $21,690. (Hydro $700 Gas $4700 Water $2800 Taxes $9700 Insurance $3790) NET INCOME $96,510. 10 of the 12 units renovated in 2019. Great opportunity for MEGA CASH FLOW. (id:29438)
Property Details
| MLS® Number | 1214076 |
| Property Type | Multi-family |
| Neigbourhood | SMITH FALLS |
Building
| Constructed Date | 1898 |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 120 Ft |
| Size Frontage | 41 Ft |
| Size Irregular | 41 Ft X 120 Ft |
| Size Total Text | 41 Ft X 120 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/22462992/36-chambers-street-smiths-falls-smith-falls
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Keller Williams Integrity Realty
October 07 2020 11:10:51
