186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
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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Jim Mattice

Jim Mattice

+1(613) 581-7469
$ 799,900
Est. payment | /mo

4 Beds

4 Baths

Save
$ 799,900
Est. payment | /mo
Save

4 Beds

4 Baths

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 X13055398

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,835

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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

Listed by TRU REALTY
Jim Mattice

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 581-7469

jim@surehome.ca

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186 Water ST

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