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56 Victoria Avenue

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  • 2,122 ft2
  • Other

$474,000

High-Yield Fourplex Investment in Prime Smiths Falls LocationInvest in this affordable fourplex in the heart of Smiths Falls, ideally situated right in front of the train station, a prime location for tenants seeking convenience. Generating a gross income of $40,600 and a net income of $30,500, this property boasts a solid 6.11% cap rate, making it a smart addition to any investors portfolio. Great income generating property with potential for future value-add improvements, this is a fantastic opportunity to build wealth in an affordable and growing market.Don't miss out on this high-yield investmentcontact us today for more details or to schedule a viewing! (id:50982)

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Business

Business Type Residential
Business Sub Type Apartments

Details

Property Details
MLS® Number X11968252
Property Type Multi-family
Community Name 901 - Smiths Falls
Building
Appliances Stove, Refrigerator
Heating Fuel Natural Gas
Heating Type Other
Size Exterior 2122 Sqft
Size Interior 2,122 Ft2
Type Multi-family
Utility Water Municipal Water
Land
Acreage No
Size Depth 66 Ft
Size Frontage 66 Ft
Size Irregular Bldg=66 X 66 Ft
Size Total Text Bldg=66 X 66 Ft
Zoning Description M2

Map

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