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!!!!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
56628 sq. ft. Acres
Total Area:
1.3 acre(s)0.53 hectare(s)
Depth:
120'36.6 m
Frontage:
174'11"53.3 m
Water supply:
Municipal
Zoning:
R6-3
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
90
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$18,828 /
2024
Assessment:
$- /
2024
Greater Napanee
58 - Greater Napanee
Lennox & Addington
12-FRIDGES, 12-STOVES, 7-BUILT-IN MICROWAVES, 2 EACH-COIN OPERATED WASHERS AND DRYERS, WATER HEATER (rented), Other
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