3244 COUNTY 41 ROAD

Greater Napanee (Greater Napanee), , K0K2W0, Canada

$799,900

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.

EXTRAS: Washer, Dryer, Water Treatment, Water Heater

Last updated on : Friday 20th of June 2025 03:50:14 PM

ADDRESS

Street : 3244 COUNTY 41 ROAD

City : Greater Napanee (Greater Napanee)

Country : Canada

Postal Code : K0K2W0

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PROPERTY SUMMARY

Property ID : X12120630

Building Type : Multi-Family

Property Type : Multi-family

Bathrooms : 5

Parking : 5

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