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

    Est payment $2,872/mo
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    Views   4
    Time on Jump  176 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.




    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

    Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Septic

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

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    3244 County 41 Road
    Greater Napanee , Ontario
    5 $598,000
    Get more info