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Priced For Sale Apts-2 To 5 Units In Greater Napanee
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.
www.newhoperealty.ca/ON/greater-napanee/k0k2w0/13190103-MLS-X11891040-na-3244-County-41-Rd
For More Information Call 613-777-8937
- Not Intended to Solicit Clients Currently Under Contract -
Listing Office : RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

- Ad Type: Offering
real estate | land for sale
2025-01-30