34
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Est. payment /mo
4 Beds
4 Baths
New
186 Water ST Mississippi Mills, ON K0A 1A0
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 911 - Almonte
MLS Listing ID X13438802
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,835
Tax Year 2025
Property Sub-Type Fourplex
Property Description
CASH FLOWING 4 PLEX This 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.
Location
Province ON
County Lanark
Area Lanark
Zoning R2
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions 4 fridges, 4 stoves, 1 washer and 1 dryer, storage shed
Exterior
Pool None
View Meadow, Clear, River
Roof Type Metal
Lot Frontage 102.97
Lot Depth 94.93
Total Parking Spaces 5
Building
Building Age 51-99
Foundation Concrete
Others
Senior Community No
Security Features Smoke Detector
ParcelsYN No
Virtual Tour https://u.listvt.com/mls/242775516
Listed by TRU REALTY
NEARBY SCHOOL & BUSINESS
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