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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$760,000
Available - For Sale
Listing ID: X13807912
Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while 51 Bridge St W consists of 4 units. Six units are currently tenant-occupied with long-standing tenants. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice required for all showings. Income and expense sheet and a recent building inspection are available upon request.
Price $760,000
Taxes: $6,803.04
Occupancy by: Tenant
Address: 49/51 Bridge Street West , Greater Napanee, K7R 2C4, Lennox & Addingt
Acreage: < .50
Directions/Cross Streets: Centre st W on Bridge
Rooms: 23
Bedrooms: 9
Bedrooms +: 0
Washrooms: 7
Family Room: F
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 8
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 5000 +
Property Features: Golf
Hospital
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: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
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RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

49/51 Bridge Street West , Greater Napanee, K7R 2C4, Lennox & Addingt

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Lennox & Addington
Municipality: Greater Napanee
Neighbourhood: 58 - Greater Napanee
Style: 2-Storey
Lot Size: x 134.90(Feet)
Approximate Age: 100+
Tax: $6,803.04
Maintenance Fee: $0
Beds: 9
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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