Real Estate Agent

7,9,11,13,15 Russell ST (K21003085)

Peggy Cruickshank

Contact Peggy

    7,9,11,13,15 Russell ST, Smith Falls, Ontario, K7A1E7
    Property TypeMulti-family Building Area8155 square feet

    Are you an investor looking for a turn key opportunity? Check out this combination 6 apartments plus 5 commercial units. 6 Apartments were completely gutted to exterior walls, new sub floor, fully insulated, electrical, plumbing as per code, modern kitchen cabinets, quartz countertops, commercial grade vinyl flooring throughout, fridge, stove, dishwasher, microwave- range-hood 2018, all apartments are on high efficiency heat pumps with ebb backup and tenants pay hydro. Unit 13 and 15 HVAC 2018. Seller has not lost any rent due to COVID. 4 of the 5 commercial units are fully tenanted. Total revenue $220,068.00 (this includes projected rent for unit 15 of $6K), Total expenses $38,991.38 with a net operating income of $181,076.62. Showings upon a successful agreement of purchase and sale only, please do not approach the tenants. (id:25832)

    Business TypeResidential Business Sub TypeResidential
    EquipmentNone FeaturesOffice space
    Lease Per Unitsquare feet Rental EquipmentNone
    TransactionFor sale Zoning DescriptionC1 General Commercial
    AmenitiesAir Conditioning, Storefront Exterior FinishBrick
    FoundationPoured Concrete Size Interior8155 sqft
    Utility WaterMunicipal water
    Access TypeRoad access SewerMunicipal sewage system
    Size Irregular112.5x120.7


    Data Provided by Kingston & Area Real Estate Association

    Last Modified :27/05/2021 12:09:10 PM

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    Peggy Cruickshank | REMAX Agent

    peggy cruickshank kingston real estate

    Cheo Foundation

    A portion of every commission is gifted to my family's favourite charity -- the Children's Charity Network.