117 BROCKVILLE STREET
Smith Falls, Ontario K7A3Y7

$599,900

ID# X11946434
Rarely offered, very well maintained fourplex with just under 8% cap rate in area with low vacancy, growing population in Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $55884 for 2025 Gross Rent. Cashflow(after taxes, utilities, insurance) is $46375(based on 2024 costs) offering a 7.73% cap rate. A solid investment for the savvy investor. (id:25961)
Courtesy of SUTTON GROUP - OTTAWA REALTY

Listed on: January 29, 2025

On market: 64 days
Bathroom Total 4
Bedrooms Total 6
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
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Nicolas Blackburn

SALES REPRESENTATIVE

Direct: (613) 601.2224

nblackburn@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave

Ottawa, Ontario

Canada K2A 1C8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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