3244 County 41 Road, Greater Napanee, ON K0K 2W0

Greater Napanee K0K 2W0 Ontario

MLS: X12120630

$799,900

Added 2 days ago | For Sale

Listed by: RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

About Property

Discover a fully tenanted 5-unit legal non-conforming apartment building offering a robust gross income of $91,380 per year and an impressive 9.35% cap rate. This property has seen significant upgrades, including a newer well and septic system, along with cosmetic enhancements to select units, ensuring minimal maintenance and tenant satisfaction. Ideally situated just 10 minutes north of Highway 401 in the charming village of Roblin, this investment gem offers a serene rural setting with easy access to urban centers. Centrally located, its just 2 hours from both Toronto and Ottawa. Don't miss your chance to own this income-generating property perfect for seasoned investors or those looking to expand their portfolio. **EXTRAS** Please review all documents attached.

Features

  • House Style:Investment
  • Bathrooms:5
  • Land Size: 72.18 X 139.86
  • Water:Well
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $4121.29
  • Bedrooms:
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12120630

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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