Name: 3244 COUNTY 41 ROAD, Greater Napanee (Greater Napanee) | MLS® X12120630
SKU: x12120630
Price: 799900.0 CAD
Availability: InStock

$799,900 Sale

Listed 108 days ago

3244 COUNTY 41 ROAD

MLS® x12120630 Multi Family

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Beds · 0

Baths · 5.0

Parking · 5

Sqft · -

Est. mortgage

$3,035/mo

Key Facts

Key facts for 3244 COUNTY 41 ROAD

Property Type

Apartment, Multi-Family

Parking

Garage: No, 5 parking

MLS #

X12120630

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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 tri...ckle 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. (id:10452)

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Full Property Details

Interior

Washrooms

5.0

Heating Type

Baseboard heaters

Air Conditioning

Partially air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

5.0

Heating Type

Baseboard heaters

Air Conditioning

Partially air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.355 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

HR-2 (Hamlet Residential - Exception2)

Acreage

0.355 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

HR-2 (Hamlet Residential - Exception2)

Building Description

Style

Multi-Family

Home Type

Apartment

Subtype

Multi Family

Sewers

Septic System

Water Supply

Drilled Well