Property Description

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 .Dont miss your chance to own this income-generating property perfect for seasoned investors or those looking to expand their portfolio.

Features
: Baseboard
: Part
: None
: Y
Address Map
CA
Ontario
Greater Napanee
K0K 2W0
County 41
3244
0
E0° 0' 0''
N0° 0' 0''
More info
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAG
1
2024-12-12 15:20:06.0
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Investment For Sale

3244 County 41 Rd, Greater Napanee, Ontario K0K 2W0

  • Area: 0.36 Sqft
  • Visits : 3 in 6 days
$849,000
Listing ID#X11891040
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X11891040
Price : $849,000
Area : 0.36 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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