MLS® ID: 1123412

31 MAIN STREET W

Lanark, Ontario, K7A1M4

$799,000 Active
  • - SQFT
Solid investment opportunity with profitable fully rented 11-plex in growing town of Smith Falls (high rental demand). Ideal location just a hop skip and a jump from restaurants, shopping, rideau canal visitor center. Short 5 min drive to TWEED Medical supplies (Old Hershey Factory). Convenience at your fingertips. 5 out of 11 units subsidized by Lanark County (guaranteed income stream). 7 Bachelor and 4 One Bedroom apartments. Nine out of 11 units have been renovated. Landlord covers heat and hydro. Parking included for approx. 8 vehicles. 2 Hot water tanks are owned. Low maintenance, durable and energy efficient metal roof. 48hr notice for all showings. 24 hr irrevocable on all offers. (id:18098)
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Listing courtesy of EXIT EXCEL REALTY

Amenities

  • Office name
    EXIT EXCEL REALTY
  • SQFT
    0
  • Bedrooms
    0
  • Half baths
    0
  • Property type
    Multi-family
  • Zoning type
    General Commercial
  • Community name
    SMITH FALLS
  • Year built
    0
  • Sewer
    Municipal water
  • Heating
    Baseboard heaters
  • Office ID
    280726
  • Agent ID
    1402967
  • Agent name
    Chris A. Brown
  • Baths
    0
  • Price Range
    $700k-$800k
  • Square Feet Range
    < 1000 sq ft.

Location

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