Turnkey Investment Property – 4-Plex in Smiths Falls

70 Victoria Ave, Smiths Falls, ON
$539,999
For Sale
  • 70 Victoria Ave, Smiths Falls, ON
  • 539,999

Description

Excellent investment opportunity in the heart of Smiths Falls! This well-maintained brick 4-plex is located on a corner lot just steps from downtown and the scenic Rideau Canal.

Property Highlights:
✔ Four 2-bedroom units – tenants already in place
✔ Strong income – grossing $39,440 annually
✔ Tenants pay their own hydro (separately metered)
✔ Owner pays gas heating (forced air)
✔ Updates include: roof (2021), furnaces (2021), new windows/doors in several units
✔ Hot water tanks are owned
✔ Parking at the back of the property

Tenant Features:
• Upper units have private balconies
• Main level units have decks & shared access to large backyard

Location:
Smiths Falls offers a welcoming small-town feel with shops, restaurants, parks, museums, and trails – all within easy reach of Ottawa and Kingston.

A solid brick building with strong rental history and prime location – this is a true turnkey cash-flow property ready for your portfolio.

MLS X12438345

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Details

  • Bathrooms: 4
  • Bedrooms: 6
  • For Sale By: Professional

Location

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