44 MAIN EAST STREET

Smiths Falls, Ontario, K7A1A4, Canada

$550,000

Extremely cash flow positive triplex, FULLY renovated. 2/3 vacant. New flooring, new bathrooms, new kitchens, new plumbing, updated electrical, brand new 2024 furnace, all repainted, steel roof, new windows, garage restructured with brand new doors, added shared laundry in the main lobby area. *Opportunity to live upstairs & rent the other 2 units, or rent the back/upper units to a commercial tenant, or just the back unit to a commercial tenant.** Could also expand into the attic space in the upper unit. Has an extra large detached THREE car garage. Walk to ANYTHING, stores, waterfront, restaurants, banks, grocery, pharmacy, schools, parks. Upstairs unit was rented at $1,750, the lower unit is rented to an amazing tenant at $1,650. Back unit can rent for $1,000-$1,200. (Lots of current pending applicants, waiting for review of new owner) 2 meters, upstairs unit pays own hydro. Taxes $3682.65,Insurance $2004, Hydro $1419.81, Water $1495.44,Gas $3095.37.(1st unit missing from floor plan)

Last updated on : Wednesday 24th of April 2024 12:32:14 PM

ADDRESS

Street : 44 MAIN EAST STREET

City : Smiths Falls

Province : Ontario

Country : Canada

Postal Code : K7A1A4

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PROPERTY SUMMARY

Property ID : 1387443

Building Type : Triplex, Attached

Property Type : Multi-family

Parking : 6

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