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3244 County 41 Road, Greater Napanee (Greater Napanee), ON

Real Estate

For Sale

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055
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $4,121
Days Active 44
Lot Size 
Approx. Age 
MLS® Number X12120630

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91, 380/year with a 9.35% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10, 000-gallon holding tank with approx. $3, 550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request. (id:58753)Show Description
MLS® NumberX12120630
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
HeatBaseboard heaters
A/CPartially air conditioned
Heating Fuel

Extras

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