3244 County 41 Road, Greater Napanee, ON K0K 2W0

  • $799,900
3244 County 41 Road, Greater Napanee, ON K0K 2W0
For Sale Active
3244 County 41 Road, Greater Napanee, ON K0K 2W0
3244 County 41 Road, Greater Napanee, ON K0K 2W0
  • $799,900

Description

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.

  • Address 3244 County 41 Road
  • City Greater Napanee
  • State/county ON
  • Zip/Postal Code K0K 2W0
  • Country CA

Details

Updated on June 9, 2025 at 4:07 pm
  • Property ID: X12120630
  • Price: $799,900
  • Property Size: 0.355 Sqft
  • Bathrooms: 5
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: For Sale, Active

Additional details

  • Utilities: Yes
  • Sewer: Septic
  • Cooling: Partial
  • County: Lennox & Addington
  • Property Type: Commercial Sale

Overview

Property ID: X12120630
  • Investment, Commercial Sale
  • Property Type
  • 5
  • Bathrooms
  • 0.355
  • Sqft

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