$245,000
$249,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
2-4 KENT ST Smiths Falls, ON K7A 1B4
Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type Multifamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1402814
Sold Date 09/11/24
Year Built 1927
Annual Tax Amount $2,795
Tax Year 2023
Property Description
SIDE-BY-SIDE 2-UNIT WITH FORCED AIR GAS HEATING IN BOTH UNITS, IN AN ALL RESIDENTIAL AREA ON A QUIET STREET, WITH A HIGH WALKSCORE BEING CLOSE TO ALL THE AMENITIES OF THE BUSINESS SECTION,SMITHS FALLS HAS THE WORLD HERITAGE SITE RIDEAU CANAL WITH MANY WALKING TRAILS ALONG THE CANAL & ADJOINING PARK WITH MANY YEARLY FESTIVALS,2 HYDRO METERS, SMITHS FALLS IS ONLY 12 MILES FROM PERTH WHERE THE VALUE OF 2-UNIT BUILDINGS HAS SKYROCKETED,PRESENTLY 2-UNIT BUILDINGS IN SMITHS FALLS ARE VERY AFFORDABLE,TREMENDOUS UPSIDE POTENTIAL ON THE RENTAL INCOME WITH THE APTS BEING GROSSLY UNDER RENTED, THIS BUILDING WILL CATAPULT YOU INTO A NEW HEMISPHERE OF THE REAL ESTATE WORLD AS YOU BECOME A BIG-TIME CASH GENERATOR,OWNING MULTI-RESIDENTIAL REAL ESTATE IS THE BEST INVESTMENT DURING TOUGH TIMES- BUSINESSES CLOSE & COMMERCIAL REAL ESTATE DOES POORLY EXCEPT MULTI-RESIDENTIAL BECAUSE EVERYONE STILL NEEDS A PLACE TO LIVE, PROPERTY BEING SOLD 'AS IS, WHERE IS', RENTS ARE #2-$1,430, #4-$1,575
Location
Province ON
Rooms
Basement Cellar
Interior
Heating Natural Gas
Flooring Hardwood, Mixed
Exterior
Garage Oversized
Roof Type Asphalt Shingle
Building
Story 2
Foundation Block, Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Siding,Stucco
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