RE/MAX Finest Realty


7,9,11,13,15 Russell Street Smiths Falls, Ontario K7A 1E7

Central Air Conditioning


Are you an investor looking for a turn key opportunity? Check out this combination 6 apartments plus 5 commercial units. 6 Apartments were completely gutted to exterior walls, new sub floor, fully insulated, electrical, plumbing as per code, modern kitchen cabinets, quartz countertops, commercial grade vinyl flooring throughout, fridge, stove, dishwasher, microwave- range-hood 2018, all apartments are on high efficiency heat pumps with ebb backup and tenants pay hydro. Unit 13 and 15 HVAC 2018. Seller has not lost any rent due to COVID. 4 of the 5 commercial units are fully tenanted. Total revenue $220,068.00 (this includes projected rent for unit 15 of $6K), Total expenses $38,991.38 with a net operating income of $181,076.62. Showings upon a successful agreement of purchase and sale only, please do not approach the tenants. (id:41986)

Property Details

MLS® Number K21003085
Property Type Other


Cooling Type Central Air Conditioning
Exterior Finish Brick, Concrete
Flooring Type Laminate, Linoleum
Foundation Type Poured Concrete
Heating Fuel Electric, Natural Gas
Utility Water Municipal Water


Access Type Road Access
Acreage No
Pasture Total 2999000 Ac
Sewer Municipal Sewage System
Size Depth 121 Ft
Size Frontage 112 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1 General Commercial


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