57 Chambers Street, Smiths Falls, ON, K7A 2Y5Listing ID# 1067642
Rare investment opportunity in Smiths Falls! This historic 11 unit residential building has a gross annual income of $92,040.00, expenses of $31,424.25, and a net income of $60,615.75. This beautiful neo-classical home was built in 1899 for Abel Ward, one of the founders of Smiths Falls. It is constructed of natural cut brown sandstone and has 3 columned porches, beautiful woodwork still remaining in main floor units and original stained glass windows. Great location, large corner lot with ample parking for tenants.