186 Water StreetMississippi Mills, Lanark, ON, K0A 1A0
186 Water StreetMississippi Mills, Lanark, ON, K0A 1A0
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Buy/sell history for 186 Water Street, Mississippi Mills, ON K0A 1A0
| Date Start | Date End | Event | Price | MLS# |
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Current valuation for 186 Water Street, Mississippi Mills, ON K0A 1A0. Listed for $774,900 on 2026-11-02
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Description
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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$774,900
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