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    For Sale - 186 Water Street, Mississippi Mills, Ontario

    Est payment $3,361/mo
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    Views   1
    Time on Jump  14 day

    AI Summary *

    • Fully leased 4-unit multiplex providing immediate cash flow.
    • Each unit features a functional one-bedroom layout for tenants.
    • Ample parking includes individual spaces for each unit and guests.
    • Scenic views of Almonte Fairgrounds and nearby river enhance appeal.
    • Located in a charming area with walkable access to amenities.




    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.
    Listing IDX13540848
    Address186 Water Street
    CityMississippi Mills, Ontario
    Price$699,900
    Bed / Bath4 / 4 Full
    Style2-Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro MeterOutdoor Features NoneOwnership FreeholdViews Meadow, Clear, RiverWaterfront IndirectBasement Full, UnfinishedFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 5.00
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    Listing Agency:  TRU REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    186 Water Street
    Mississippi Mills , Ontario
    4 4 $699,900
    Get more info