186 Water Street

FOR SALE
$774,900
186 Water Street, Mississippi Mills
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
186 Water Street
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4
BEDROOMS
4
BATHROOMS
4
KITCHENS
19
ROOMS
X13055398
MLSID
Contact Us
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.
Property Features
Separate Hydro Meter, None, Smoke Detector
Property Details
Address
186 Water Street
Community
Postal Code
K0A 1A0
Property Type
Fourplex, Fourplex
Zoning
R2
Lot Size
103' x 95'
Taxes
$4,836 (2025
Basement
Full, Unfinished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
5
Garage Type
None
Listing contracted with Tru Realty
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