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Home ON Smiths Falls
4-6 RUSSELL STREET E
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4-6 RUSSELL STREET E $1,200,000
$1,200,000
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4-6 RUSSELL STREET E
Smiths Falls, Ontario K7A1E8

MLS® Number: X11946453

Listing Description

Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you'll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don't miss out on this income-generating gem! Contact us today for financials and to schedule a private viewing. Commercial space may only be viewed during the retailers business hours. (39803055)

Location Description

Russell St & Brockville St

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
901 - Smiths Falls
Land Size
Bldg=50 x 105 FT
Annual Property Taxes
$10,021.88
Time on REALTOR.ca
69 days

Building

Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water

Measurements

Square Footage
5000 sqft
Exterior Building Size
5000 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
105 ft
Other Property Information
Zoning Description
C1
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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