186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
186 Water ST, Mississippi Mills, ON K0A 1A0
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 774,900
Est. payment | /mo

4 Beds

4 Baths

Save Virtual Tour
$ 774,900
Est. payment | /mo
Save Virtual Tour

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 911 - Almonte

MLS Listing ID X13438802

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,835

Tax Year 2025

Property Sub-Type Fourplex

Property 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.

Location

Province ON

County Lanark

Area Lanark

Zoning R2

Rooms

Basement Full, Unfinished

Kitchen 4

Interior

Interior Features Separate Hydro Meter

Cooling None

Inclusions 4 fridges, 4 stoves, 1 washer and 1 dryer, storage shed

Exterior

Parking Features None

Pool None

View Meadow, Clear, River

Roof Type Metal

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Concrete

Others

Virtual Tour https://u.listvt.com/mls/242775516

Lited by TRU REALTY

Nearby Locations

Tour This Home

186 Water ST

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Peter Velentis, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.