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$ 2,789,000
Est. payment | /mo
1 SqFt
$ 2,789,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $2,789,000
Subdivision 58 - Greater Napanee
MLS Listing ID X12129269
Annual Tax Amount $18,828
Tax Year 2024
Property Sub-Type Investment
Property Description
Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!!
Location
Province ON
County Lennox & Addington
Community 58 - Greater Napanee
Area Lennox & Addington
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 174.91
Lot Depth 120.0
Listed by KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE
"My job is to deliver more results for you when you are buying or selling your property! "