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    For Sale - 191-193 Camden Road Unit# 193, Greater Napanee, Ontario

    Est payment $3,841/mo
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    Views   1
    Time on Jump  22 day

    AI Summary *

    • Well-maintained five-unit building for investors or first-time buyers.
    • Located on a quiet street near the river and a park.
    • Four units fully renovated, with one long-term tenant.
    • Spacious units with high ceilings and original character.
    • Ample parking and green space on the corner lot.




    This well-maintained five-unit building is the perfect addition to an investor's portfolio or as your first income property. Located on the corner of a quiet street in napanee, close to the river and next to the macpherson house and park. 4 of the 5 units were fully renovated before the latest tenants moved in, the 5th has a long term tenant. The property comprises three 2-bedroom units and two 1-bedroom units. Almost all windows have been updated, and the building features a good steel roof, 2 gas furnaces and new vinyl siding on the exterior. All the units are very spacious, the main floor has 9 and 10ft ceilings with some original character retained in the stairwells. The corner lot location offers ample parking and some green space for the great tenants. With a net income of $54,649. 71, this property yields a decent cap rate of just over 7%.
    Listing IDX12688440
    Address191-193 Camden Road Unit# 193
    CityGreater Napanee, Ontario
    Price$774,900
    Bed / Bath8 / 5 Full
    Style2-Storey, Multiplex
    ConstructionMetal/Steel Siding, Vinyl Siding
    Land Size0.288
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOutdoor Features Deck, Porch Enclosed, Year Round LivingAmenities Level, Park, SchoolOwnership FreeholdWaterfront NoneBasement Full, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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    191-193 Camden Road Unit# 193
    Greater Napanee , Ontario
    8 5 $774,900
    Get more info