3244 County 41 Road, Greater Napanee | Image 1

3244 County 41 Road

Greater Napanee, Greater Napanee

  • Commercial

$849,000
For Sale

Added 6 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: HR-2 (Hamlet Res

  • Age: 100+ years

  • Taxes: 4121.29

  • MLS®#: X11891040

  • Days on Site: 1 Days

  • Added: Dec 11, 2024 (6 days ago)

  • Updated:

  • Last Checked: 4 hours ago

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

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 .Dont 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.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Greater Napanee

  • Community: Greater Napanee

  • Availability Date: Flexible

  • Assessment Amount: $315,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 5

  • Air Conditioning: Part

  • Washrooms: 5

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Elevator: None

  • Energy Certificate: N

  • Water Supply Type: Drilled Well

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Well

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2024

  • Taxes: $4,121

  • Expenses: Act

  • Insurance Fee: 2982

  • Hydro Expense: 3330

  • Other Expenses: 3550

  • Taxes Type: Annual

  • Taxes: 4121

  • Tax Year: 2023

Land

  • Cross Street: Located on the Corne

  • Municipality District: Greater Napanee

  • Parcel Number: 450800196

  • Sewer: Septic

  • Lot Depth: 139.86 Feet

  • Lot Frontage: 72.18 Feet

  • Zoning: HR-2 (Hamlet Res

Additional Media

  • Virtual Tour: https://iguidephotos.com/3244_county_rd_41_roblin_on/

Commercial Specific

  • Rail: N

  • Total Area: 0.36

  • Total Area Metric: Acres

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Soil Test: N

  • Financial Statement: Y

  • LLBO: N

Car-Dependent

  • Almost all errands require a car.
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Map of 3244 County 41 Road, Greater Napanee
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