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:28469)
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 |
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July 02 2025 04:33:49
Rideau - St. Lawrence Real Estate Board
Royal LePage Advantage Real Estate Ltd