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$ 339,000
Est. payment /mo
Active Under Contract
143 Brockville ST Smiths Falls, ON K7A 3Y7
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 901 - Smiths Falls
MLS Listing ID X13089290
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,286
Tax Year 2025
Property Sub-Type Triplex
Property Description
143 Brockville Street offers a solid investment opportunity in Smiths Falls with strong income potential and future upside. This triplex features one 2 bedroom unit, one 3 bedroom unit, and one vacant 1 bedroom unit that could generate approximately $1,500/month inclusive of heat and hydro, allowing a new owner the opportunity to improve cash flow from day one. Apartment 1 - 3 bedroom - currently rents for $1,600/month inclusive of heat and hydro, while Apartment 3 - 2 bedroom - rents for $1,000/month with a $100/month credit for snow removal and grass cutting. The property is conveniently located within walking distance to downtown Smiths Falls, groceries, restaurants, and everyday amenities, making it attractive to tenants looking for affordability and convenience. The large shared rear yard adds usable outdoor space for tenants, while the basement laundry area offers additional potential for storage lockers or future improvements. With reasonable operating costs, reliable tenants, and the continued demand for rental housing in Smiths Falls due to its affordability and proximity to Ottawa, this property presents a practical opportunity for investors looking to add to their portfolio or enter the multi unit market.
Location
Province ON
County Lanark
Area Lanark
Rooms
Family Room No
Basement Full
Kitchen 3
Interior
Interior Features Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch Enclosed
Parking Features Front Yard Parking
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 69.0
Lot Depth 120.0
Total Parking Spaces 2
Building
Foundation Stone
Others
ParcelsYN No
Listed by AVENUE NORTH REALTY INC.
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