
Greater Napanee, ON K7R 2A2
Attention investors- rarely available triplex in downtown Napanee with one vacant unit! Sizeable 2480 sq ft building with One 3 bed, one 2 bed, and one 1 bed apartments. Three separate hydro meters. Large lot and a solid building with good partitions and good layouts. Impressive two car garage for storage or vehicles. Ample parking and two driveways ensure that parking is easy for everyone without having to juggle cars. Owner pays for water. Heat/hydro paid by the tenants which is separately metered. Improvements include newer shingles, natural gas furnace and baseboard heaters, windows, bathrooms, flooring, and paint - all completed in 2019 and 2020. No laundry on site, but there are laundromats nearby. Napanee is a charming small town in a bustling part of southern Ontario. With freshly painted and updated units and one left vacant, a new owner can set their own rent or occupy that unit themselves! Unit 1 has a new tenant that just moved in on a one year lease. Unit three is tenanted with great tenants on month to month. This impressive building was built to last in 1871..... Now ready for the new owner! A nice piece for your portfolio!
TRREB MLS® Attribution
MLS® X12799388
Listed by ROYAL LEPAGE SIGNATURE REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,052
/month · $500,000 mortgage
Amortization
Total Interest
$415,587
Total Cost
$915,587
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE SIGNATURE REALTY