56 Victoria Avenue, Smith Falls, ON Image 1

$474,000

$499,000
5.0% dropped

Last price change Mar 17

Investment For Sale
MLS - #X11968252
Mar 17- By RE/MAX HALLMARK REALTY GROUP

56 Victoria Avenue, Smith Falls, ON K7A 2P4

Bed
Bath
2122 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

2122 Sqft

About 56 Victoria Avenue

High-Yield Fourplex Investment in Prime Smiths Falls LocationInvest in this affordable fourplex in the heart of Smiths Falls, ideally situated right in front of the train station, a prime location for tenants seeking convenience. Generating a gross income of $40,600 and a net income of $30,500, this property boasts a solid 6.11% cap rate, making it a smart addition to any investors portfolio. Great income generating property with potential for future value-add improvements, this is a fantastic opportunity to build wealth in an affordable and growing market.Don't miss out on this high-yield investmentcontact us today for more details or to schedule a viewing!

Home Overview

Last updated

Mar 17

Virtual tour

None

Basement information

Building size

2122

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
47400000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 56 Victoria Avenue

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1810.36/ month
$379,200 Principal and Interest

Some information about this property - Victoria Avenue

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