ON
Smiths Falls
K7A4B7
7 Jasper Avenue
7 Jasper Avenue, Smiths Falls, ON K7A4B7
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Listing Type
Multi Family
Listing Status
Active
1
$379,900

Home Details for 7 Jasper Avenue

Price
$379,900
Type
Residential Income
Bedrooms
6
Bathrooms
2.0
Square feet
NaN
Parking
Days on site
0
Listing #
X12783768
Property Description

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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: SUTTON GROUP - OTTAWA REALTY
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EXIT RESULTS REALTY, BROKERAGE
645 Edwards Street, Rockland, ON K4K 1L4
Paul Dion
License #: 5030680
Sales Representative
Office
613 446 2600
Agent
613 293 3337
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