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7,9,11,13,15 Russell St, Smith Falls, Ontario K7A 1E7 (23205418) - Remax Rise

7,9,11,13,15 Russell St,

Smith Falls Ontario, K7A 1E7

For sale

$2,999,000

8155 sqft

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:33452)


Feature Sheet
MLS® Number K21003085
Equipment Type None
Features Office Space
Property Type Multi-family
Rental Equipment Type None
Age Age Is Unknown
Amenities Air Conditioning, Storefront
Exterior Finish Brick
Fireplace Present No
Foundation Type Poured Concrete
Size Interior 8155 Sqft
Utility Water Municipal Water




Estimated monthly mortgage payment


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Listing Agents

Wilf Knappers

Sales Representative

Mobile: 613-340-3293

wilf@remaxrise.com


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