186 Water Street
911 - Almonte, Mississippi Mills, K0A 1A0
FOR SALE
$774,900

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4
BEDROOMS4
BATHROOMS4
KITCHENS19
ROOMSX13055398
MLSIDContact 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.
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Property Features
Separate Hydro Meter, None, Smoke Detector
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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
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Listing contracted with Tru Realty
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