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MLS® X13816998

Overview

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes $6,133
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13816998

Property Address: 34 Market Street, Smiths Falls, ON, K7A2E6

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:58753)Show Description
MLS® NumberX13816998
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementCrawl space
DrivewayNo Garage
Garage Spaces
HeatBaseboard heaters, Electric, Natural gas
A/CCentral air conditioning

Extras

Rooms

Show Details
Office:Main Floor2.46 × 4.57 ft
Other:Main Floor1.8 × 2.39 ft
Bedroom 2:Second Floor2.59 × 3.48 ft
Kitchen:Second Floor3.07 × 3.61 ft
Living Room:Second Floor2.69 × 3.81 ft
Bathroom 1:Second Floor1.52 × 1.3 ft
Bedroom 1:Second Floor3.23 × 3.28 ft

Home Estimate Zoopraisal®

This property is estimated to sell between: $478,000 and $511,000.
Similar properties in this area sold on average for: $478,000
Expected to sell in 57 days. Similar properties sold in 57 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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