16
See all 16 photos
$774,900
Est. payment /mo
8 Beds
5 Baths
3,500 SqFt
New
191-193 CAMDEN ROAD Greater Napanee (greater Napanee), ON K7R1E4
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $221
Subdivision 58 - Greater Napanee
MLS® Listing ID X12688440
Bedrooms 8
Property Description
This well-maintained five-unit building is the perfect addition to an investor's portfolio or as your first income property. Located on the corner of a quiet street in Napanee, close to the river and next to the Macpherson House and park. 4 of the 5 units were fully renovated before the latest tenants moved in, the 5th has a long term tenant. The property comprises three 2-bedroom units and two 1-bedroom units. Almost all windows have been updated, and the building features a good steel roof, 2 gas furnaces and new vinyl siding on the exterior. All the units are very spacious, the main floor has 9 and 10ft ceilings with some original character retained in the stairwells. The corner lot location offers ample parking and some green space for the great tenants. With a Net income of $54,649.71, this property yields a decent cap rate of just over 7%. (id:24570)
Location
Province ON
Rooms
Kitchen 5.0
Extra Room 1 Second level 3.27 m X 3.35 m Bedroom
Extra Room 2 Second level 3.26 m X 3.45 m Kitchen
Extra Room 3 Second level 3.91 m X 3.44 m Living room
Extra Room 4 Second level 2.58 m X 2.68 m Bedroom
Extra Room 5 Second level 3.88 m X 2.55 m Kitchen
Extra Room 6 Second level 3.92 m X 2.46 m Living room
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/191_camden_rd_greater_napanee_on/
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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