36 Chambers Street Smiths Falls, Ontario K7A 2Y4


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:38417)

Property Details

MLS® Number 1214076
Property Type Multi-family
Neigbourhood SMITH FALLS


Constructed Date 1898
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Stories Total 3
Utility Water Municipal Water


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



Contact us for more information

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Shane Lanigan

(613) 882-1221

Keller Williams Integrity Realty
2148 Carling Ave., Units 5 & 6
Ottawa, Ontario K2A 1H1

(613) 829-1818
(613) 829-3223

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