49/51 Bridge Street W, Greater Napanee
Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while 51 Bridge St W consists of 4 units. Six units are currently tenant-occupied with long-standing tenants. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice required for all showings. Income and expense sheet and a recent building inspection are available upon request. (id:1945)
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Property details for 49/51 Bridge Street W, Greater Napanee
- Type
- Multi-family
- Bedrooms
- 9
- Bathrooms
- 7
- Lot Size
- 83 x 134.9 FT
- Stories
- 2
- Basement
- Unfinished, Full
- Parking
- No Garage
- Heating
- Natural gas
- Cooling
- None
- Exterior
- Brick, Vinyl siding
- Annual Taxes
- $6,803
Nearby Listings Stat
Estimated price and comparable properties near 49/51 Bridge Street W
Active Listings
1
Min Price
$760,000
Max Price
$760,000
Avg Price
$760,000
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Greater Napanee, Ontario
Population
679
Median Age
55.3
Median Income
$36,992
Dwelling Value
$250,497
Housing Tenure
Owners 88%
Renters 13%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 82.4/km²
Avg Shelter Cost: $1,148/mo
Owners with Mortgage: 52.8%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 92.2%
English and French: 6.9%
Median Household Income: $79,872
Median Employment Income: $33,280
Price History
Listed
September 21, 2026
by RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
Current Price
$760,000
Type
Multi-family
For Sale
