For Sale Multi-Family

71 Russell Street E

$425,000
Smiths Falls, Ontario K7A 1G5 MLS® X13006544
4 Bedrooms
2 Bathrooms
2,000 - 2,500 sqft Interior
3 Parking spaces
61.5 X 121.9 Ft Lot size
Central Air Conditioning Forced Air

About this home

71 Russell Street East offers a flexible opportunity for investors and owner-occupants alike. Whether you're looking to add to your portfolio, purchase your first income property, or explore the possibility of living in one unit while benefiting from rental income from the other, this duplex offers both flexibility and future potential. The property features two 2-bedroom, 1-bath units with existing tenants already in place, making it well suited to continued investment use while also presenting future owner-occupancy possibilities. Buyers entering the market may appreciate the opportunity to combine homeownership with income generation in one property. Recent updates provide added peace of mind, including a new roof completed in 2019 with 40-year shingles, along with two gas furnaces updated in 2017 and 2024. The property also offers ample tenant storage space and parking for three vehicles. Conveniently located close to schools, shopping, and everyday amenities, 71 Russell Street East presents an opportunity to step into the market with flexibility already built in, whether your goals are investment, homeownership, or a combination of both. (id:28469)

Facts & features

Property

MLS® Number
X13006544
Property Type
Multi-family
Community Name
901 - Smiths Falls
Equipment Type
Water Heater
Parking Space Total
3
Rental Equipment Type
Water Heater
Structure
Porch

Building

Bathroom Total
2
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Stove, Refrigerator
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Cooling Type
Central Air Conditioning
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
121 Ft ,10 In
Size Frontage
61 Ft ,6 In
Size Irregular
61.5 X 121.9 Ft
Size Total Text
61.5 X 121.9 Ft

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

71 Russell Street E, Smiths Falls, Ontario K7A 1G5  ·  Get directions