186 Water Street, Mississippi Mills — For Sale in Mississippi Mills
4 bed · 4 bath · Fourplex for sale in Mississippi Mills.
186 Water Street, Mississippi Mills, ON K0A 1A0
About This Property
Now for sale at 186 Water Street in Mississippi Mills: a 4-bedroom, 4-bathroom fourplex listed at $699,900.
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.
Property Specifications
| MLS® Number | X13540848 |
|---|---|
| Status | For Sale |
| List Price | $699,900 |
| Property Type | Residential Freehold |
| Sub Type | Fourplex |
| Transaction Type | For Sale |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Parking | 5 spaces |
| Address | 186 Water Street, Mississippi Mills, ON K0A 1A0 |
| City | Mississippi Mills |
| Postal Code | K0A 1A0 |
Listing Contracted With: TRU REALTY
