$699,900
Available - For Sale
Listing ID: X12715974
48 Dundas Street East , Greater Napanee, K7R 1H8, Lennox & Addingt
| A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units. Current Gross Income: $61,647.00/year. Additional income includes one storage unit at $100/month and a second with for $500/month. With an NOI of $48,193 this property delivers strong returns in a growing market. Commercial Lease: Secured until August 2027. New furnace and rubber membrane roof (2020). All units fully leased. Gibbards District bringing major population and customer growth. Financials available upon request |
| Price | $699,900 |
| Taxes: | $3954.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 48 Dundas Street East , Greater Napanee, K7R 1H8, Lennox & Addingt |
| Postal Code: | K7R 1H8 |
| Province/State: | Lennox & Addingt |
| Legal Description: | PT LT 3 S/S DUNDAS ST PL 82 AS IN LA1213 |
| Directions/Cross Streets: | Dundas Street East (#48) between East Street and John Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 2675.16 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1362 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Net Income Before Debt: | $55647 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 4 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Partial |
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| 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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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Lennox & Addington |
| Municipality: | Greater Napanee |
| Neighbourhood: | 58 - Greater Napanee |
| Tax: | $3,954 |
| Baths: | 4 |
| Fireplace: | N |
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