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    For Sale - 3244 County 41 Road, Greater Napanee, Ontario

    Est payment $3,222/mo
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    Time on Jump  118 day

    AI Summary *

    • Fully tenanted 5-unit building generating $91,380/year in income.
    • Separately metered for hydro with efficient heating options.
    • Recent upgrades include a productive well and holding tank.
    • Select units have cosmetic improvements for tenant satisfaction.
    • Located in a quiet village with easy access to urban centres.




    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.
    Listing IDX12462772
    Address3244 County 41 Road
    CityGreater Napanee, Ontario
    Price$649,900
    Bath5 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Septic

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    Listing Agency:  RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
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    3244 County 41 Road
    Greater Napanee , Ontario
    5 $649,900
    Get more info