4-6 Market Street

FOR SALE
$299,000
4-6 Market Street, Smiths Falls
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6
BEDROOMS
2
BATHROOMS
2
KITCHENS
14
ROOMS
X13182418
MLSID
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Property Description
This duplex offers an excellent opportunity for investors, renovators, or buyers looking to build equity in a centrally located property within walking distance to downtown, shopping, restaurants, and amenities. Featuring two spacious units, each offering 3 bedrooms and 1 bathroom, the property provides a functional layout with strong future potential. The exterior offers attractive stone front and a steel roof completed in 2023, providing long-term durability and value. The interior is ready for significant updating and improvements, presenting a blank canvas for those looking to renovate and customize to their vision. A great opportunity to restore, modernize, and maximize the potential of an income property in a convenient location close to the heart of town. Duplex is being sold as is, due to the unknown and work required in the interior.
Property Features
Fenced Yard, Separate Heating Controls
Property Details
Address
4-6 Market Street
Postal Code
K7A 2E1
Property Type
Duplex, Duplex
Lot Size
39' x 60'
Taxes
$3,613 (2025
Basement
Exposed Rock
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
Listing contracted with Re/Max Frontline Realty
137 Beckwith Street, Smiths Falls
5
BEDS
2
BATHS
$299,000
FOR SALE
Welcome to 137 Beckwith St North, a well-located up/down duplex offering strong income potential and flexibility for both investors and owner-occupants. Situated on a desirable street in a growing community, this property is an ideal addition to any portfolio or a smart way to offset your mortgage by living in one unit while renting the other. The upper unit features a spacious 3-bedroom, 1-bathroom layout and is currently tenanted by long-term occupants paying $1,194.76/month. The lower unit offers a bright 2-bedroom, 1-bathroom layout that will be vacant May 31, 2026, providing the opportunity to set your own rent (previously rented at $1,600/month). This property is well-configured for investment, with separate hydro meters and furnaces, allowing each unit to pay their own gas and hydro. Water is paid by the landlord. Additional highlights include two parking spaces and key updates: windows (2023), roof (2017), electrical (2016), and plumbing (2019), downstairs bathroom update (2025), downstairs flooring (2025). With a current cap rate of 8.71% and NOI of $23,928.23, this is a solid, income-producing asset with excellent upside potential. (Based on market rents, there is also the opportunity to achieve a potential cap rate of 11.33% if the upper unit is rented at $1,850/month.)
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