| 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%. |
| Price | $774,900 |
| Taxes: | $4540.59 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 191-193 Camden Road , Greater Napanee, K7R 1E4, Lennox & Addingt |
| Acreage: | < .50 |
| Directions/Cross Streets: | THOMAS AND ELIZABETH |
| Rooms: | 23 |
| Bedrooms: | 8 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bedroom | 12.86 | 7.68 | |
| Room 2 | Main | Kitchen | 12.99 | 18.4 | |
| Room 3 | Main | Living Ro | 16.3 | 12.76 | |
| Room 4 | Main | Primary B | 11.87 | 11.97 | |
| Room 5 | Second | Bedroom | 16.37 | 10.82 | |
| Room 6 | Second | Kitchen | 10.56 | 11.12 | |
| Room 7 | Second | Living Ro | 12.73 | 11.12 | |
| Room 8 | Main | Bedroom | 11.91 | 11.68 | |
| Room 9 | Main | Kitchen | 13.35 | 18.5 | |
| Room 10 | Main | Living Ro | 16.37 | 12.53 | |
| Room 11 | Main | Bedroom | 12.37 | 7.68 | |
| Room 12 | Second | Bedroom | 10.73 | 10.99 | |
| Room 13 | Second | Kitchen | 10.69 | 11.32 | |
| Room 14 | Second | Living Ro | 12.82 | 11.28 | |
| Room 15 | Second | Bedroom | 8.46 | 8.79 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 4 | Second |
| Washroom Type 5 | 4 | Second |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Main |
| Washroom Type 9 | 4 | Second |
| Washroom Type 10 | 4 | Second |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Metal/Steel Sidi, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Tr |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Private Tr |
| Park #2 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Other Structures: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Level, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE |
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| Book Showing | Email a Friend |
| Type: | Freehold - Multiplex |
| Area: | Lennox & Addington |
| Municipality: | Greater Napanee |
| Neighbourhood: | 58 - Greater Napanee |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,540.59 |
| Beds: | 8 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |