Smiths Falls - 901 - Smiths Falls
Smiths Falls - 901 - Smiths Falls
Sold For$460,000
Listed For $399,900
Sold Jun 2022
Flooring: Tile, Welcome to 110 Chambers Street, a beautiful high-earning Victorian duplex in the heart of Sensational Smiths Falls. If you haven’t driven through Smiths Falls recently, you owe it to yourself to visit and see the incredible progress. The downtown core, steps from this property, is completely revitalized. New construction is all around from singles to apartment buildings. Townhomes are selling into the mid-600’s. Secure your undervalued investment in this town now and watch your investment soar. This property offers an unbelievable 7.1% cap rate, $1135 monthly cash flow, and 17% cash-on-cash return! Based on full market rent this property could reach 8.6% cap, $1685 monthly cashflow, and 25% cash-on-cash. Rents are $1750 and $1400 plus hydro for 2x 2-bedroom units. Efficient
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* Values are estimates only and not a guarantee of lending or affordability.