186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
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4 BD
4 BA

186 Water ST Mississippi Mills, ON K0A 1A0

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Key Details

Sold Price -

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 911 - Almonte

MLS Listing ID X13540848

Sold Date -

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

State ON

County Lanark

Area Lanark

Zoning R2

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling None

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

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Listed by TRU REALTY

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Kevin Kitchen

Kevin Kitchen

Agent | License ID: 4737711

+1(613) 620-3667

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