3244 County 41 Road Greater Napanee, Ontario K0K 2W0
$849,000
Discover a fully tenanted 5-unit legal non-conforming apartment building offering a robust gross income of $90,780 per year and an impressive 8.7% cap rate. This property has seen significant upgrades, including a newer well and septic system, along with cosmetic enhancements to select units, ensuring minimal maintenance and tenant satisfaction. Ideally situated just 10 minutes north of Highway 401 in the charming village of Roblin, this investment gem offers a serene rural setting with easy access to urban centers. Centrally located, its just 2 hours from both Toronto and Ottawa .Dont miss your chance to own this income-generating property perfect for seasoned investors or those looking to expand their portfolio. **** EXTRAS **** Please review all documents attached. (id:28587)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11891040 |
| Property Type | Multi-family |
| Community Name | Greater Napanee |
| Features | Irregular Lot Size |
| Parking Space Total | 5 |
Building
| Bathroom Total | 5 |
| Appliances | Dryer, Refrigerator, Stove, Water Treatment |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 0.355 Ac |
| Type | Multi-family |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 139 Ft ,10 In |
| Size Frontage | 72 Ft ,2 In |
| Size Irregular | Bldg=72.18 X 139.86 Ft |
| Size Total Text | Bldg=72.18 X 139.86 Ft |
| Zoning Description | Hr-2 (hamlet Residential - Exception2) |
https://www.realtor.ca/real-estate/27733953/3244-county-41-road-greater-napanee-greater-napanee
Interested?
Contact us for more information
Alexandra Grant
Salesperson
218-1154 Kingston Rd
Pickering, Ontario L1V 3B4
(613) 548-2550
www.remaxhallmark.com/
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December 12 2024 09:19:48
Kingston & Area Real Estate Association
RE/MAX Hallmark First Group Realty Ltd. , Brokerage