aerial view of residential area Features: residential view

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view of side of home Features: window mounted ac

view of building exterior Features: window mounted ac

rear view of house featuring a patio and a pool Features: pool

rear view of house Features: propane tank, patio

rear view of property Features: satellite dish, patio, downspout, horizontal siding, generator, gutters

back of property featuring a patio and brick siding Features: patio

back of property with a deck and brick siding Features: fence, lawn, deck, outdoor structure

uncovered parking lot featuring a storage unit Features: fence

rear view of house featuring a patio area and cooling unit Features: window mounted ac, patio

rear view of property Features: grill, electric meter, lawn

rear view of house featuring a yard Features: lawn, fence

view of front of home featuring a front lawn Features: lawn, fence

rear view of house with a wooden deck, a lawn, and brick siding Features: outdoor structure, fence, lawn, deck

view of shed Features: lawn, outdoor structure

doorway featuring a baseboard radiator, brick patterned flooring, and a paneled ceiling Features: drop ceiling, natural light, baseboard radiator, drywall, brick finish floor, baseboards wall

unfurnished room featuring brick patterned flooring, a baseboard heating unit, and a paneled ceiling Features: baseboards wall, brick finish floor, drop ceiling, drywall, baseboard radiator

unfurnished bedroom with a baseboard heating unit, a drop ceiling, and brick patterned flooring Features: brick floor, closet, baseboard radiator, drop ceiling

unfurnished room with baseboard heating, a drop ceiling, and brick patterned floors Features: drywall, natural light, baseboards wall, baseboard radiator, basement, drop ceiling, brick finish floor

kitchen featuring dark countertops, white cabinetry, a paneled ceiling, and brick patterned floors Features: natural light, sink, white cabinets, brick floor, countertops, drop ceiling

kitchen with freestanding refrigerator, stainless steel range with electric stovetop, white cabinetry, brick patterned floors, and a paneled ceiling Features: drywall, sink, countertops, baseboards wall, natural light, open shelves, white cabinets, refrigerator, brick finish floor, range oven, drop ceiling

kitchen featuring stainless steel electric stove, freestanding refrigerator, a drop ceiling, brick patterned flooring, and white cabinetry Features: white cabinets, refrigerator, smoke carbon monoxide detector, drop ceiling, raised cabinets, brick floor, range oven, wall mounted ac, baseboard radiator

below grade area with a baseboard radiator, a drop ceiling, and brick patterned floors Features: baseboard radiator, basement, drywall, drop ceiling, baseboards wall, smoke carbon monoxide detector, natural light, brick finish floor

foyer entrance featuring brick patterned flooring, a paneled ceiling, and a baseboard heating unit Features: drywall, drop ceiling, brick finish floor, natural light, baseboard radiator, baseboards wall

spare room with a baseboard heating unit and baseboards Features: drop ceiling, baseboard radiator, natural light

unfurnished bedroom with a baseboard heating unit, a paneled ceiling, and brick patterned flooring Features: drop ceiling, baseboard radiator, drywall, baseboards wall, brick finish floor

bathroom with vanity, light wood finished floors, and tub / shower combination Features: sink, vanity, drywall, wood finish floor, baseboards wall, combined bath shower, full bathroom

aerial view of sparsely populated area with nearby suburban area Features: residential view, rural view

overview of rural landscape Features: rural view

aerial perspective of suburban area with a forest Features: residential view, forest view

aerial view of residential area featuring a heavily wooded area Features: residential view, forest view

aerial perspective of suburban area Features: residential view

drone / aerial view Features: residential view

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

3244 County 41 Road

Greater Napanee , Ontario

5 $598,000

Est payment $2,872/mo

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Time on Jump 73 day

AI Summary *

Fully tenanted 5-unit apartment building with strong annual income of $91,380.
Separate metering for hydro ensures tenant control over utilities.
Recent upgrades include a reliable well and large holding tank.
Select units have cosmetic improvements for tenant satisfaction.
Low-maintenance property with easy access to urban centers.

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Down Payment:
$ 29,900 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 IDX13042640

Address3244 County 41 Road

CityGreater Napanee, Ontario

Price$598,000

Bath5 Full

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Septic

Market Info

Listing Agency:
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

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Listing Agency:
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

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

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Property Info

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Market Info

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