8 Bedroom
5 Bathroom
3,500 - 5,000 ft2
None
Forced Air
$774,900
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:56069)
Property Details
|
MLS® Number
|
X12688440 |
|
Property Type
|
Multi-family |
|
Community Name
|
58 - Greater Napanee |
|
Amenities Near By
|
Park, Schools |
|
Equipment Type
|
Water Heater - Gas, Water Heater |
|
Features
|
Level Lot, Level |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater - Gas, Water Heater |
|
Structure
|
Deck, Porch |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
8 |
|
Bedrooms Total
|
8 |
|
Age
|
100+ Years |
|
Appliances
|
Stove, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Steel, Vinyl Siding |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
111 Ft ,8 In |
|
Size Frontage
|
105 Ft ,3 In |
|
Size Irregular
|
105.3 X 111.7 Ft |
|
Size Total Text
|
105.3 X 111.7 Ft|under 1/2 Acre |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bedroom |
3.27 m |
3.35 m |
3.27 m x 3.35 m |
|
Second Level |
Kitchen |
3.26 m |
3.45 m |
3.26 m x 3.45 m |
|
Second Level |
Living Room |
3.91 m |
3.44 m |
3.91 m x 3.44 m |
|
Second Level |
Bedroom |
2.58 m |
2.68 m |
2.58 m x 2.68 m |
|
Second Level |
Kitchen |
3.88 m |
2.55 m |
3.88 m x 2.55 m |
|
Second Level |
Living Room |
3.92 m |
2.46 m |
3.92 m x 2.46 m |
|
Second Level |
Bedroom |
2.68 m |
2.8 m |
2.68 m x 2.8 m |
|
Second Level |
Bedroom |
4.99 m |
3.3 m |
4.99 m x 3.3 m |
|
Second Level |
Kitchen |
3.22 m |
3.39 m |
3.22 m x 3.39 m |
|
Second Level |
Living Room |
3.88 m |
3.39 m |
3.88 m x 3.39 m |
|
Main Level |
Bedroom |
3.92 m |
2.34 m |
3.92 m x 2.34 m |
|
Main Level |
Bedroom |
3.77 m |
2.34 m |
3.77 m x 2.34 m |
|
Main Level |
Kitchen |
3.96 m |
5.61 m |
3.96 m x 5.61 m |
|
Main Level |
Living Room |
4.97 m |
3.89 m |
4.97 m x 3.89 m |
|
Main Level |
Primary Bedroom |
3.62 m |
3.65 m |
3.62 m x 3.65 m |
|
Main Level |
Bedroom |
3.63 m |
3.56 m |
3.63 m x 3.56 m |
|
Main Level |
Kitchen |
4.07 m |
5.64 m |
4.07 m x 5.64 m |
|
Main Level |
Living Room |
4.99 m |
3.82 m |
4.99 m x 3.82 m |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29242057/191-193-camden-road-greater-napanee-greater-napanee-58-greater-napanee