34 Market Street, Smiths Falls, Ontario

$499,999

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4

Beds

4

Baths

About 34 Market Street

Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:36535)

Features of 34 Market Street

Listing # X13816998
Price $499,999
Bedrooms 4
Bathrooms 4.00
Half Baths 2
Acres 0.00
Type Multi-family

Community Information

Address 34 Market Street
Subdivision 901 - Smiths Falls
City Smiths Falls
Province Ontario
Postal Code K7A2E6

Amenities

Utilities Cable, Electricity, Sewer
Features Carpet Free
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Oven - Built-In
Heating Electric, Natural gas Baseboard heaters
Cooling Central air conditioning
Fireplace Yes
# of Stories 2
Has Basement Yes
Basement Type Crawl space

Exterior

Exterior Brick, Steel
Lot Description 47 x 30 FT
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE INTEGRITY REALTY

Listing Map