3244 County 41 Road, Greater Napanee
- Bathrooms: 5
- Living area: 0.355 sqft
- Added: 4 months ago
- Updated: 2 months ago
- Last Checked: 1 day ago
- Listed by: RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
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Listing description
This Other at 3244 County 41 Road Greater Napanee, ON with the MLS Number x12120630 listed by ALEXANDRA GRANT - RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE on the Greater Napanee market 4 months ago at $799,900.
Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 9.35% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request. (id:1945)
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Nearby Listings Stat Estimated price and comparable properties near 3244 County 41 Road
Active listings
1
Min Price
$799,900
Max Price
$799,900
Avg Price
$799,900
Days on Market
126 days
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Price History
May 2, 2025
by RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
$799,900
