66 Queen Street, Smiths Falls, Ontario

About 66 Queen Street

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. (id:6289)

More Info on this 901 - Smiths Falls Multi-Family MLS® listing

66 Queen Street is a multi-family listing for sale in Smiths Falls. The MLS® number is X13000028. It features 6 bathrooms. It's currently listed for $1,150,000. For more details on MLS® X13000028, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in 901 - Smiths Falls is available now!

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