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

Est payment $3,121/mo
Views   1
Time on Jump  168 day
  • 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
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