186 Water St

Mississippi Mills, ON K0A 1A0
  • $699,900

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,500

    SqFt

About the Listing 509600 -

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.

Listing Highlights

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® X13540848
Year Built
Total Square Footage 2,500
Lot/Acreage 0.22

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Unfinished
  • Other: Separate Hydro Meter,4 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Metal
  • Others:
  • Sewer: Sewer
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $4,836
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 050990093
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

186 Water St Mississippi Mills, ON K0A 1A0

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