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Greater Napanee
3244 COUNTY 41 ROAD
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3244 COUNTY 41 ROAD $649,900
$649,900
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3244 COUNTY 41 ROAD
Greater Napanee (Greater Napanee), Ontario K0K2W0

MLS® Number: X12462772
5
Bathrooms

Listing Description

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. (41452931)

Location Description

Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
58 - Greater Napanee
Land Size
0.355 ac
Age Of Building
100+ years
Annual Property Taxes
$4,121.29
Total Parking Spaces
5
Time on REALTOR.ca
62 days

Building

Bathrooms
Total
5
Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
5

Land

Lot Features
Frontage
72 ft ,2 in
Land Depth
139 ft ,10 in
Other Property Information
Zoning Description
HR-2 (Hamlet Residential - Exception2)
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613-888-8365
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RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
Brokerage
218-1154 KINGSTON RD
PICKERING, Ontario L1V3B4
613-548-2550
Office Website

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