186 Water Street
About this property
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.
Features & finishes
Property details
| MLS® Number | X13540848 |
| Status | Sold |
| Listing Type | For Sale |
| Property Type | Multi-Family |
| Interior Size | 2,500 sq ft |
| Beds / Baths | 4 bed · 4 bath |
| Neighbourhood | 911 - Almonte |
| City | Mississippi Mills |
| Postal Code | K0A 1A0 |
| Province | ON |
| Listed Date | July 2, 2026 |
| Brokerage | TRU REALTY |
Location
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