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CAONGreater Napanee3244 County 41 Road
3244 County 41 Road, Home with 0 bedrooms, 5 bathrooms and 5 parking in Greater Napanee ON | Image 1
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$799,900

3244 County 41 Road, Greater Napanee, ON

Real Estate

For Sale

$X
055
  • Key Facts
  • Description
  • Map

Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $4,121
Days Active 49
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.Show Description
MLS® NumberX12120630
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CPartial
Heating Fuel

Extras

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