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MLS® X12462772

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $4,121
Days Active 152
Lot Size 
Approx. Age 
MLS® Number X12462772

Property Address: 3244 County 41 Road, Greater Napanee (Greater Napanee), ON, K0K2W0

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 10.685% 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® NumberX12462772
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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