$849,000
( $54.90Per Sq Foot )
$4,558 est/mo Sourced by Back At You3244 County 41 Road , Greater Napanee, ON K0K 2W0
Greater Napanee, ON K0K 2W0
Description
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.
Details
| MLS# | X11891040 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 43 |
| Listing Provided By | RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE | Not Provided |
Features
| Bath(s) | 5 |
|---|---|
| SQ Feet | 15,463 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Lennox & Addington |
| City | Greater Napanee |
| Zip Code | K0K 2W0 |
| Area | Greater Napanee |
| Listing VS Median (in K0K 2W0) | |
Price: $849,000 low | high Med: $849,000 SqFt: 15,463 low | high Med: 15,463 $ / SqFt: $55 low | high Med: $55 On Site: 43 low | high Med: 43.000000 | |
Listing Updated: January 9, 2025 at 6:46:03 PM PST
