
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 2W0Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 3244 County 41 Road

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