117 Brockville ST Pending Save Request In-Person Tour Request Virtual Tour
Smith Falls,ON K7A 3Y7
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
Subdivision 901 - Smiths Falls
MLS Listing ID X11946434
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $4,444
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Rarely offered, very well maintained fourplex with just under 8% cap rate in area with low vacancy, growing population in Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $55884 for 2025 Gross Rent. Cashflow(after taxes, utilities, insurance) is $46375(based on 2024 costs) offering a 7.73% cap rate. A solid investment for the savvy investor.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Rooms
Family Room No
Kitchen 4
Interior
Cooling None
Exterior
Exterior Feature Landscaped
Parking Features Other,Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Block,Stone