48 Montague Street Smiths Falls, Ontario K7A 2M1

$329,000

Discover this fantastic duplex offering two 2-bedroom units, each brimming with potential. Centrally located and just a short stroll to downtown, this property is perfectly positioned for convenience and strong tenant appeal. Currently fully tenanted with a solid rent roll, and an excellent cap rate of 8.3, its an easy addition to any investment portfolio or a smart way to start yours. Enjoy peace of mind knowing major updates have been completed over the past few years, including the roof in 2023, and a new boiler. Affordable and income-generating from day one. Don't miss out on this opportunity! Interior photos used were taken before current tenancy. (id:43934)

Property Details

MLS® Number	X12255858
Property Type	Multi-family
Community Name	901 - Smiths Falls
Parking Space Total	4

Building

Bathroom Total	2
Bedrooms Above Ground	4
Bedrooms Total	4
Age	100+ Years
Amenities	Separate Electricity Meters
Appliances	Water Heater, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Exterior Finish	Stucco, Brick
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Radiant Heat
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	132 Ft
Size Frontage	66 Ft
Size Irregular	66 X 132 Ft
Size Total Text	66 X 132 Ft

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28543954/48-montague-street-smiths-falls-901-smiths-falls