186 Water Street, Mississippi Mills, ON K0A 1A0
Mississippi Mills , K0A 1A0
$774,900.00
4 Bedrooms
4 Bathrooms
Residential Freehold
Property Details
| MLS Number | X13438802 |
| Property Type | Residential Freehold |
| City | Mississippi Mills |
| City Region | 911 - Almonte |
| Postal Code | K0A 1A0 |
| Cross Street | Queen and Water |
| Street Number | 186 |
| Street Name | Water |
| Lot Width | 102.97 ft |
| Lot Depth | 94.93 ft |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Annual Tax | $4,835.98 |
| Sewer | Sewer |
| Occupant Type | Tenant |
Description
CASH FLOWING 4 PLEX This 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.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads