3244 COUNTY 41 ROAD, Greater Napanee, Ontario, K0K 2W0

$849,000

MLS® # X11891040

Investment For Sale In Greater Napanee, Ontario

$849,000

Property Information:

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:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Baseboard heaters
  • Cooling Type: Partially air conditioned
  • Appliances: Dryer, Refrigerator, Stove, Water Treatment

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 5
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 139.8 Feet
  • Lot Frontage: 72.2 Feet
  • Lot Size: Bldg=72.18 x 139.86 FT
  • Zoning: HR-2 (Hamlet Residential - Exception2)
  • Sewer: Septic System
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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