Kalpesh Patel (KK)
Broker
Homelife/Miracle Realty Ltd., Brokerage
Independently owned and operated.
5010 Steeles Ave. west, Toronto, Nunavut M9V5C6
Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135
$799,900
Available - For Sale
Listing ID: X12120630
3244 County 41 Road , Greater Napanee, K0K 2W0, Lennox & Addingt
| 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: | $4121.29 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 0.36 |
| Total Area Code: | Acres |
| Approximatly Age: | 100+ |
| Franchise: | F |
| Net Income Before Debt: | $74788 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 5 |
| 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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| RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE |
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Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Lennox & Addington |
| Municipality: | Greater Napanee |
| Neighbourhood: | Greater Napanee |
| Approximate Age: | 100+ |
| Tax: | $4,121.29 |
| Baths: | 5 |
| Fireplace: | N |
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