186 Water Street, Mississippi Mills, Ontario K0A 1A0

Listed for:
$799,900
4 beds
4 baths
Listed 16 days ago
Fourplex for rent: 186 Water Street, Mississippi Mills, Ontario K0A 1A0

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About

Cross Streets: Queen and Water. ** Directions: From Route 16A, Slight right onto Queen St, Turn left onto Water St (across from fairgrounds). 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. (id:27476)

Property Highlights

MLS® Number
X13055398
Type
Multi-family
Community Name
911 - Almonte
Land Size
103 x 94.9 FT
Parking Space Total
5

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2500 - 3000 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Separate Electricity Meters
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
5.2 m x 4.57 m
Kitchen
Second level
1.59 m x 3.96 m
Bedroom
Second level
3.05 m x 3.86 m
Bathroom
Second level
1.99 m x 1.39 m
Living room
Second level
Measurements not available
Kitchen
Second level
Measurements not available
Bedroom
Second level
Measurements not available
Bathroom
Second level
Measurements not available
Laundry room
Lower level
Measurements not available
Living room
Main level
4.72 m x 4.57 m
Dining room
Main level
3 m x 1.45 m
Kitchen
Main level
3.99 m x 1.39 m
Bedroom
Main level
3.21 m x 3.87 m
Bathroom
Main level
2.12 m x 1.03 m
Living room
Main level
5.04 m x 4.94 m
Dining room
Main level
3.29 m x 1.52 m
Kitchen
Main level
3.65 m x 1.99 m
Bedroom
Main level
2.98 m x 3.52 m
Bathroom
Main level
2.16 m x 1.38 m

Location

Learn more about this property
Listing provided by:
TRU REALTY
MLS® number:
X13055398
Agent:
Michelle Lawn
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