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
Details
X12783768
5
$349,900
Tenant
None
2 + 2
2-Storey
6
2
1500-2000 Sqft
N/A N/A
100+
Duplex
Sale
Additional details
Forced Air / Gas
RM
$2837
2025
LT 26 E/S JASPER AVENUE PL 13884 LANARK S SOUTH ELMSLEY EXCEPT PT 1 27R217 TOWN OF SMITHS FALLS
N/A
N
Crawl Space
None
Municipal
Schools Nearby
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FAQ
What is the total square footage of the X12783768 - 7 Jasper Avenue, Smiths Falls, ON K7A 4B7?
The total square footage of this property is 1500-2000 SqFt.
What schools near to X12783768 - 7 Jasper Avenue, Smiths Falls, ON K7A 4B7?