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$639,999
Est. payment /mo
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 901 - Smiths Falls
MLS Listing ID X12270692
Style 2-Storey
Bedrooms 4
Annual Tax Amount $5,324
Tax Year 2024
Property Sub-Type Triplex
Lot Depth 30.0
Lot Front 47.0
Appx SqFt 1500-2000
Property Description
Attention Investors and Small Business Owners! Don't miss this exceptional opportunity to own a fully renovated mixed-use triplex in the heart of Smiths Falls, just steps from the Rideau Canal and downtown core.This versatile property features a main-floor commercial unit with high street visibility, and was leased to a well-established medical/spa tenant. It's ideal for those looking to operate their own business or benefit from stable commercial rental income. Above the commercial space are two newly renovated residential units, each featuring modern finishes and brand-new appliances perfect for attracting quality, long-term tenants. Offering a strong cap rate of over 8%, this turn-key investment delivers immediate income and long-term growth potential in a thriving, up-and-coming community. A rare opportunity to own a prime, income-generating property in Smiths Falls. All units VACANT set your own rents or move right in!
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Zoning C1
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Heating Controls
Cooling Other
Exterior
Pool None
Roof Type Tar and Gravel
Lot Frontage 47.0
Lot Depth 30.0
Building
Foundation Poured Concrete
Others
Senior Community No
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Listed by ROYAL LEPAGE INTEGRITY REALTY