117 Brockville St, Smiths Falls MLS # X11946434 For Sale $599,900

6 Beds 4 Bath

117 Brockville St

Smiths Falls K7A 3Y7 Ontario

MLS: X11946434

$599,900

Added 5 days ago | For Sale

Listed by: SUTTON GROUP - OTTAWA REALTY

About Property

Rarely offered, very well maintained fourplex with over 7% cap rate in area with low vacancy, growing population in an 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 $54590 for 2024 Gross Rent. Cashflow(after taxes, utilities, insurance) is $45081 offering a 7.5% cap rate. A solid investment for the savvy investor.

Features

House Style:Fourplex
Bathrooms:4
Land Size:
Water:Municipal
Garage Spaces:1 /Attached
Driveway:Other
Heating Fuel:Gas
Cross Street:BROCKVILLE ST AND OAK ST
Basement:Full , Unfinished
Possession Date:FLEXIBLE
Annual Property taxes: $4444.4

Bedrooms:6
Total Parking Spaces:5
Parking Places:5
Heating Type:Forced Air
Pool Type:None
Exterior:Brick
Fronting On:S
Front Footage:60
Listing ID:X11946434

Rooms	Dimensions	Description

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6 Bedrooms Fourplex House Smiths Falls

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6 Bedrooms Fourplex House Smiths Falls

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Tajinder Sarao

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