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 K21003085)
Representative
Don & Janet Armour
Sales Representatives
Sutton Group - Masters Realty Inc. Brokerage*
Cell: 613-384-4500
Tel: 613-384-5500
Toll free: 800-387-8955

$2,999,000 - For sale

ID#:K21003085

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:2471)

Location DescriptionHwy 15 to Smiths Falls, South on Beckwith and turn left on Russell Street East

Property Details
  • Property Address:7,9,11,13,15 RUSSELL Street, Smiths Falls, Ontario, K7A1E7
  • Property Type:Other
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
Structure Details for 7,9,11,13,15 RUSSELL Street, Smiths Falls, Ontario, K7A1E7
  • Heating Type:Electric, Natural gas
  • Flooring:Laminate, Linoleum
  • Foundation Type:Poured Concrete
  • Cooling Type:Central air conditioning
  • Exterior Type:Brick, Concrete
Representative
Don & Janet Armour
Sales Representatives
Sutton Group - Masters Realty Inc. Brokerage*
Cell: 613-384-4500
Tel: 613-384-5500
Tollfree: 800-387-8955
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7,9,11,13,15 RUSSELL Street, Smiths Falls, Ontario, K7A1E7

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