$774,900
8.32 BTC
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186 Water Street, Mississippi Mills
$774,900
PRICE
4
BEDROOMS
4
BATHROOMS
X13055398
MLSID

186 Water Street, Mississippi Mills

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.
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Summary

Address
186 Water Street
Community
MLSID
X13055398
Property Type
Fourplex
Property Category
Bedrooms
4
Bathrooms
4
Kitchens
4
Zoning
R2
Taxes (Annual)
$4,835.98
Tax Year
2025
Published
April 28, 2026
Days on Market
33 Days
Possession Type
60-89 Days
Possession Details
To Be Arranged
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Inclusions

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

Exclusions

Tenants belongings

Details

Security Features
Smoke Detector
Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Main Level
Basement
Full, Unfinished
Interior Features
Separate Hydro Meter
Parking Spaces
5
Parking Total
5
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Vinyl Siding
Lot Width
103 Feet
Lot Depth
95 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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