32
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$799,900
Est. payment /mo
4 Beds
4 Baths
2,500 SqFt
New
186 WATER STREET Mississippi Mills, ON K0A1A0
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500 - 3000
Square Footage 2,500 sqft
Price per Sqft $319
Subdivision 911 - Almonte
MLS® Listing ID X13055398
Bedrooms 4
Property Description
Well-maintained 4-unit multiplex offering strong, stable income with a 6.3% cap rate. Each unit features a functional one-bedroom layout, appealing to reliable long-term tenants, and the property is fully leased, providing immediate cash flow. Ample parking includes five spaces-one dedicated per unit plus a convenient guest spot.Ideally positioned, the property boasts scenic views of the Almonte Fairgrounds and the nearby river, adding to its tenant appeal and long-term desirability. The setting combines small-town charm with walkable access to local amenities, making it an attractive rental location.This is a turnkey investment opportunity with consistent performance, low vacancy risk, and future upside potential. Perfect for investors seeking a manageable multi-unit property in a desirable and growing community. (id:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Second level 5.2 m X 4.57 m Living room
Extra Room 2 Second level 1.59 m X 3.96 m Kitchen
Extra Room 3 Second level 3.05 m X 3.86 m Bedroom
Extra Room 4 Second level 1.99 m X 1.39 m Bathroom
Extra Room 5 Second level Measurements not available Living room
Extra Room 6 Second level Measurements not available Kitchen
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
View Y/N Yes
View River view
Attached Garage No
Total Parking Spaces 5
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by TRU REALTY