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7 Jasper Avenue Smiths Falls, Ontario K7A 4B7

6 Bedroom 2 Bathroom 1,500 - 2,000 ft2
None Forced Air

$379,900

Excellent opportunity for investors or owner-occupants alike! Fully tenanted side-by-side duplex located at 5-7 Jasper Avenue in Smiths Falls, set on a desirable street in a great location on an oversized lot. Featuring two separate driveways, this property offers added convenience and strong curb appeal. Ideal for those looking to expand their investment portfolio or live in one unit while generating income from the other to help offset your mortgage. 5 Jasper Avenue offers a 3-bedroom, 1-bathroom layout with an updated kitchen and bathroom, currently rented at $1,800/month. 7 Jasper Avenue is also a 3-bedroom, 1-bathroom home, currently rented at $899/month. Both tenants are on month-to-month leases and pay their own gas and hydro. Water is paid by the landlord. A solid income-producing property with excellent potential and flexibility in a growing community. Windows 2019, roof 2022, new bathroom 2021. Current cap rate of 6.04%. Potential cap rate 10.14%. NOI $22,929.72. Potential NOI $38,531.52 (id:37351)

Property Details

MLS® Number X12783768
Property Type Multi-family
Community Name 901 - Smiths Falls
Features Irregular Lot Size, Sump Pump
ParkingSpaceTotal 5

Building

BathroomTotal 2
BedroomsAboveGround 6
BedroomsTotal 6
Age 100+ Years
Appliances Dryer, Oven, Washer, Two Refrigerators
BasementType Crawl Space
CoolingType None
ExteriorFinish Brick
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1,500 - 2,000 Ft2
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 144 Ft ,10 In
SizeFrontage 150 Ft
SizeIrregular 150 X 144.9 Ft
SizeTotalText 150 X 144.9 Ft
ZoningDescription Rm

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29354771/7-jasper-avenue-smiths-falls-901-smiths-falls

Contact Us

Contact us for more information


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Marina Marshall
Salesperson

(613) 304-7019

Sutton Group - Ottawa Realty
300 Richmond Rd Unit 400
Ottawa, Ontario K1Z 6X6

(613) 744-5000
(343) 545-0004
suttonottawa.ca/

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