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.
EXTRAS Please review all documents attached.
EXTRAS: Irregular lot size
Virtual Tour: https://unbranded.iguidephotos.com/3244_county_rd_41_roblin_on/
Last updated on : Thursday 30th of January 2025 07:59:52 AM
Street : 3244 COUNTY 41 ROAD
City : Greater Napanee
Province : Ontario
Country : Canada
Postal Code : K0K2W0
Property ID : X11891040
Building Type : Multi-Family
Property Type : Multi-family
Bathrooms : 5
Parking : 5