Property Details

7,9,11,13,15 RUSSELL STREET, Smiths Falls, Ontario, K7A1E7

7,9,11,13,15 RUSSELL STREET, Smiths Falls, Ontario, K7A1E7 (ID 1260013)
Representative
Ron David portrait
Ron David
Sales Representative
Royal LePage ProAlliance Realty Brokerage - Brockville
Cell: 613-498-9000
Tel: 613-345-3664 ext. 146
Toll free: 866-345-3664

$2,499,000 - For sale

ID#:1260013

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- rangehood 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:2471)

Property Details
  • Property Address:7,9,11,13,15 RUSSELL STREET, Smiths Falls, Ontario, K7A1E7
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:112.54 ft X 120.72 ft
  • Acreage:112.54 ft X 120.72 ft
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 7,9,11,13,15 RUSSELL STREET, Smiths Falls, Ontario, K7A1E7
  • Heating Type:Natural gas
  • Storeys:2
  • Cooling Type:Unknown
  • Exterior Type:Brick
Representative
Ron David portrait
Ron David
Sales Representative
Royal LePage ProAlliance Realty Brokerage - Brockville
Cell: 613-498-9000
Tel: 613-345-3664 ext. 146
Tollfree: 866-345-3664
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7,9,11,13,15 RUSSELL STREET, Smiths Falls, Ontario, K7A1E7

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