469 Palace Road, Greater Napanee, ON K7R 1A5

Greater Napanee K7R 1A5 Ontario

MLS: X12129269

$2,789,000

Added 25 days ago | For Sale

Listed by: KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE

About Property

Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 174.91 X 120
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Palace Rd
  • Basement: ,
  • Possession Date:90
  • Annual Property taxes: $18828
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12129269

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