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List Price: $799,900

3244 County 41 Road, Greater Napanee, K0K 2W0

- By RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
Investment|MLS - #X12120630|New
Bed
5 Bath
0.355 Sqft.
None Garage

Client Remarks

Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 9.35% 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.
Property Description

3244 County 41 Road, Greater Napanee, K0K 2W0

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

0.355 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

0.355

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

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3244 County 41 Road, Greater Napanee, K0K 2W0
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 3244 County 41 Road

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