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$799,900
Available - For Sale
Listing ID: X12120630
Discover a fully tenanted 5-unit legal non-conforming apartment building offering a robust gross income of $90,780 per year and an impressive 8.7% 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.
Price $799,900
Taxes: $4,121.29
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 3244 County 41 Road , Greater Napanee, K0K 2W0, Lennox & Addingt
Postal Code: K0K 2W0
Province/State: Lennox & Addingt
Directions/Cross Streets: Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: .36
Total Area Code:  Acres
Approximatly Age: 100+
Franchise: F
Maintenance: 0
Net Income Before Debt: $74788
Expenses Actual/Estimated: $Act
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Baseboard
Central Air Conditioning: Partial
Sewers: Septic
Water: Drilled W
Water Supply Types: Drilled Well
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

3244 County 41 Road , Greater Napanee, K0K 2W0, Lennox & Addingt


 
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At a Glance:
Type: Com - Investment
Area: Lennox & Addington
Municipality: Greater Napanee
Neighbourhood: Greater Napanee
Style:
Lot Size: x 139.86(Feet)
Approximate Age: 100+
Tax: $4,121.29
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
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