Smiths Falls - 901 - Smiths Falls
Smiths Falls - 901 - Smiths Falls
Sold For$410,000
Listed For $399,900
Sold Feb 2022
Flooring: Mixed, INVESTORS: 7.5% CAP RATE !!! Annual Gross Income (with room to grow) :$36,600. NOI: $30,200. Lucrative turnkey investment opportunity. Solid brick, side by side duplex located on a quiet street in the growing community of Smiths Falls. Walking distance to Canopy Growth and downtown amenities. Each unit presents 3 Beds,1.5 Baths. Bright and spacious with high ceilings. In-suite laundry and separate private parking per unit. Separate gas and hydro meters - Tenants pay utilities. Unit #20 $1,800 + utilities, Unit# 22 $1,250 + utilities. Recurring income that requires relatively little effort to maintain. Low expense, low maintenance, HIGH RETURN! 48 hour irrevocable on any signed written offers as per form 244.
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* Values are estimates only and not a guarantee of lending or affordability.