7 Jasper Ave, Smiths Falls, ON K7A4B7
- Beds
- 6
- Baths
- 2
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Overview
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:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 6
- Number of bathrooms
- 2
- Lot size (acres)
- 0.50
Interior features
- Basement
- Yes
Utilities
- Heating
- Natural Gas, Forced Air
- Cooling
- None
Taxes
- Tax Annual Amount (2025)
- $2,837
Public schools
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Sourced from: Canadian Real Estate Association MLS®#: X12783768 Last checked: …
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